Satisfaction definition

Satisfaction shall be a determination, in good faith, made by the Contractor and in accordance with commonly accepted industry standards. If the Contractor, Client, or other responsible party delays in making any payment to the Contractor, from which payment to Subcontractor is to be made, Contractor and its sureties shall have a reasonable time to make payment to Subcontractor. “Reasonable time” shall be determined in relation to relevant circumstances, but shall in no event be less time than required for Contractor, Contractor’s sureties, and Subcontractor to pursue a conclusion to their legal remedies against the Client or other responsible party to obtain payment, including, but not limited to, mechanics’ lien remedies.
Satisfaction means a discharge signed by the mortgagee of record, the trustee of a deed of trust, or by an agent or officer, legal representative, or attorney‑in‑fact under a written instrument duly recorded, of either of the foregoing indicating that the property subject to the security instrument is released.
Satisfaction is defined as the sum of the “top two box” responses (“satisfied” and “very satisfied”), divided by the number of responses, excluding “neutral”.

Examples of Satisfaction in a sentence

  • The Company shall have performed, satisfied and complied in all material respects with all covenants, agreements and conditions required by this Agreement and the Registration Rights Agreement to be performed, satisfied or complied with by the Company at or prior to each Condition Satisfaction Date.

  • On each Condition Satisfaction Date, the Investor shall have received the certificate executed by an officer of the Company in the form of Exhibit A attached hereto.

  • The representations contained in the applicable Advance Notice shall be true and correct in all material respects as of the applicable Condition Satisfaction Date.

  • The Investor shall have received the Advance Notice executed by an officer of the Company and the representations contained in such Advance Notice shall be true and correct as of each Condition Satisfaction Date.

  • The Company shall have performed, satisfied and complied in all material respects with all covenants, agreements and conditions required by this Agreement to be performed, satisfied or complied with by the Company at or prior the applicable Condition Satisfaction Date.


More Definitions of Satisfaction

Satisfaction of the detaining authority means the state of mind which has been induced by the existence of reasonable grounds for such satisfaction. The word "satisfaction" connotes a state of mind bordering on the conviction induced by the existence of facts which have removed the doubts, if any, from the mind and taken it out of the stage of suspicion.
Satisfaction means that the obligation secured by a mortgage has been paid in full and the underlying obligation terminated, with no opportunities for future advancements.
Satisfaction means to the satisfaction of the Consultant.
Satisfaction means, as to the Obligations or Guaranteed Obligations, (i) payment in full thereof in cash, (ii) termination of all Commitments under the Loan Agreement and (iii) no further Commitments, Loans or any other extensions of credit may be provided under the Loan Agreement.
Satisfaction means Pavion’s acceptance of the completed Services, which will be a determination, in good faith, made by Pavion and in accordance with commonly accepted industry standards.
Satisfaction by means of entertainment and fun