The phrase "is committed to pay" is grammatically correct and commonly used in written English.
It is typically used to show a strong dedication or promise to fulfill a financial obligation or promise. Example: The company is committed to pay its employees a fair wage for their work.
And you have to have an employer who is committed to pay your social security benefits – or to be able to prove that you've got substantial private funds.
BP says it has a "robust process to manage claims" and "is committed to pay legitimate claims" for loss or damage caused by the spill, all in addition to footing the cleanup costs.
For example, Sir David wants all leases contracts in which a company is committed to pay for the use of an asset over a long period of time to be recorded on companies' balance sheets as debt.
The company has said it will take a $4 billion charge against its earnings in the final quarter of this year to cover the cost of the break-up fee ($3 billion in cash and $1 billion-worth of wireless spectrum) that it is committed to pay Deutsche Telekom if the merger with T-Mobile USA does not go ahead.
Adam, your statement "BP is committed to pay legitimate and objectively verifiable claims for other loss and damage caused by the spill – this may include" ends with the words "may include" which means that their word is as good as the integrity Berkeley no longer has since they sold out to BP control of their research.
The problem, transportation experts say, is that there is little money left in the trust fund to pay for maintenance even though it takes in more than $500 million a year, almost all of which is committed to pay off bonds that earlier administrations issued to finance their transportation projects.
