To obligate definition

To obligate means to enter any enforceable contract for the construction, acquisition, lease, or financing of a capital asset. A contract shall be considered enforceable when all contingencies and conditions in the contract have been met. An option to purchase or lease which is not binding shall not be considered an enforceable contract; and
To obligate means to enter any enforceable contract for the construction,
To obligate means to enter any enforceable contract for the construction, acquisition, lease, or financing of a capital asset. A contract shall be considered enforceable when all

Examples of To obligate in a sentence

  • To obligate Federal TAP funding for the PROJECT in a maximum amount of Three Million Two Hundred Eighty Thousand and No/100 Dollars ($3,280,000.00).

  • Neither party will have the authority To obligate or bind the other in any manner, and nothing herein contained will give rise or is intended to give rise to any rights of any kind to any third parties.

  • To obligate Federal TAP funding for the PROJECT in a maximum amount of Two Hundred Thirty-Three Thousand One Hundred Fifty-Nine and No/100 Dollars ($233,159.00).

  • To obligate Federal STBG funding for the PROJECT in a maximum amount of Four Hundred Seventy-Five Thousand and No/100 Dollars ($475,000.00) and INFRA funding for the PROJECT in a maximum amount of Six Million Five Hundred Twenty-Five Thousand Four Hundred Ninety and No/100 Dollars ($6,525,490.00).

  • To obligate Federal TAP funding for the PROJECT in a maximum amount of Nine Hundred Thirty-Seven Thousand and No/100 Dollars ($937,000).

  • To obligate any witness of the Confidential Information to abide by the terms set out in this agreement.

  • To obligate Contractor’s employees, subcontractors and suppliers to treat as confidential all such information whether or not identified by Owner as confidential.

  • To obligate Federal TAP funding for the PROJECT in a maximum amount of Two Hundred Fifty-Six Thousand Five Hundred and No/100 Dollars ($256,500.00).

  • To obligate Federal Surface Transportation Block Grant Statewide Program funding for the PROJECT in a maximum amount of Six Hundred Fifty Thousand and No/100 Dollars ($650,000.00).

  • To obligate Federal SAFETEA-LU High Priority Projects funding for a maximum amount of Five Million Five Hundred Eighty-Five Thousand and No/100 Dollars ($5,585,000.00).


More Definitions of To obligate

To obligate means to enter any enforceable contract for the construction, acquisition, lease, or financing of a capital asset. A contract shall be considered enforceable when all contingencies and conditions in the contract have been met.

Related to To obligate

  • Drop box means a device used for serial or sequential distribution of effluent by gravity flow to a lateral of a soil treatment area.

  • Expressway means a divided arterial highway for through traffic with full or partial control of access with an excess of fifty per cent of all crossroads separated in grade.

  • Account Manager means a Person that acts as an agent and attorney-in- fact to buy or sell Swaps via the SEF operated by BSEF in the name and on behalf of another Person. An Account Manager may also be a Participant.