Sentence examples for Defined obligation from inspiring English sources

A court ruled earlier this year that Kansas had failed to meet its constitutionally defined obligation to fund state education requirements.

LBO Associations have well-defined obligations to their creditors and residual claimants.

3. Managers have well-defined obligations to debt and equity holders.

This conflict is nothing new to anyone who has dealt with a condominium board or homeowners association, which has well-defined obligations to the residents.

A contract is relational to the extent that the parties are incapable of reducing important terms of the arrangement to well-defined obligations.

Originally, the ire of local officials was transferred from the court to the council when it began the task of drawing up procedures to help towns meet their court-defined obligations.

It will be hard to tell.Andrew Rozanov, of State Street Bank, argues that the lack of well-defined obligations and the ability to retain funds indefinitely while not having to reveal results is an investment advantage.

If we could see his "personal balance sheet," as advocated in my book Money Wise, we could also see his self-defined obligations to his retirement, to his wife Joy, and to the local hospital among other needs.

"We have a unique role and defined obligation--one, to find work for our people and two, to help people manage the stress inherent in the situation we're all in," he said in a recent interview.

Several said they disliked the plan because it was legally binding, might subject them to lawsuits and included some ill-defined potential obligations.

The regulations refer only to traditional pensions, known as defined-benefit plans, which have a contractual obligation to pay workers a set monthly stipend from retirement until death.