Obliged definition

Obliged. “guaranteed”, “owed”, “incurred”, “due”, “unpaid” or similar words shall be similarly construed;
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Obliged means that the issuer is required to pay back the holder with near-ultimate priority. (E.g., bondholders are generally paid before stock holders are paid.)
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Examples of Obliged in a sentence

  • Obliged entities need to take mitigating measures based on geographical and other relevant risk factors.

  • The site would be unmanned and performance monitored from the control room.

  • In the absence of an agreement between the investor and the Obliged Party, the amount of compensation shall be determined in accordance with the dispute settlement procedures referred to in Article 9 of this Agreement.

  • Obliged entities shall verify the relevance and efficiency of the measures taken to comply with this article and shall, where appropriate, improve these measures.

  • Obliged entities shall take measures that are appropriate and commensurate with their nature and their size to identify and assess the ML/FT risks to which they are exposed, by taking into account in particular the characteristics of their customers, the products, services or transactions offered by them, the countries or geographical areas concerned and the distribution channels used by them.

  • Obliged entities must be able to demonstrate to their supervisory authority competent by virtue of Article 85 that the policies, procedures and internal control measures developed by them in accordance with Article 8, including, where appropriate, their customer acceptance policies, are appropriate in view of the ML/FT risks they have identified.

  • Obliged entities may have access to the information within the framework of customer due diligence.

  • Obliged entities are required to respond to all requests for information from FIUs3.To prevent and combat ML/TF, FIUs are tasked to collect and analyse information they receive and other information they can access, with the aim of establishing links between suspicious transactions and underlying criminal activity.

  • Obliged adherence to policies, plans, procedures, laws, regulations, contracts, or other requirements.

  • Obliged entities shall take measures commensurate with their risks, nature and size in order to familiarise the members of their staff whose functions require this as well as their agents or distributors with the provisions of this Law and its implementing decrees and regulations, including the applicable data protection requirements and, where appropriate, the obligations referred to in Article 8, § 1, 2° and 3°.

Related to Obliged

  • Should means that a certain feature, component and/or action is desirable but not mandatory.

  • GST/HST means all goods and services tax and harmonized sales tax imposed under Part IX of the Excise Tax Act (Canada).

  • Italian Civil Code means the Italian civil code, as approved by Royal Decree no. 262 of 16 March 1942, as subsequently amended and supplemented;

  • child tax credit means a child tax credit under section 8 of the Tax Credits Act 2002;

  • Refuse means any garbage, rubbish, or trade waste.

  • Remitter means a person who purchases an instrument from its issuer if the instrument is payable to an identified person other than the purchaser.

  • will shall be interpreted to express a command;

  • duty means any stamp, transaction or registration duty or similar charge imposed by any Governmental Agency and includes, but is not limited to, any interest, fine, penalty, charge or other amount imposed in respect of the above, but excludes any Tax;

  • Liable means any liability or obligation, whether known or unknown, asserted or unasserted, absolute or contingent, matured or unmatured, conditional or unconditional, latent or patent, accrued or unaccrued, liquidated or unliquidated, or due or to become due.

  • Right shall have the meaning set forth in the second paragraph hereof.

  • Feasible means capable of being accomplished in a successful manner within a reasonable period of time, taking into account economic, environmental, social, and technological factors.

  • VAT means Value Added Tax

  • Payor means a trustee, insurer, business entity, employer, government, governmental subdivision or agency, or other person authorized or obligated by law or a governing instrument to make payments.

  • GST means Goods and Services Tax charged on the supply of material(s) and services. The term “GST” shall be construed to include the Integrated Goods and Services Tax (hereinafter referred to as “IGST”) or Central Goods and Services Tax (hereinafter referred to as “CGST”) or State Goods and Services Tax (hereinafter referred to as “SGST”) or Union Territory Goods and Services Tax (hereinafter referred to as “UTGST”) depending upon the import / interstate or intrastate supplies, as the case may be. It shall also mean GST compensation Cess, if applicable.

  • We "us" and "our" means Reliance Standard Life Insurance Company.

  • undertaker means the undertaker as defined in article 2 of this Order.

  • Tax Jurisdiction means Iceland or any political subdivision or any authority thereof or therein having power to tax; and

  • to means "to but excluding," and "through" means "through and including"; and

  • Security Provider means a person which, in accordance with the provisions of this Agreement, provides or is to provide any guarantee or other surety or security in respect of that Party’s obligations under this Agreement;

  • Refund means repayment to the Plan for medical or dental benefits that it has paid toward care and treatment of the Injury or Sickness.

  • Swedish Kronor and "SEK" means the lawful currency of Sweden.