performance obligation
2.non-performance of obligation
4.Mortgage:a temporary,conditional pledge of property to a creditor as security for performance of an obligation or repayment of a debt.
5.A temporary, conditional pledge of property to a creditor as security for performance of an obligation or repayment of a debt.
6.Possession of the item is transferred as security for the payment of a debt or the performance of an obligation, within a certain time.
7.1Either party may terminate the Contract should the other side refuse the performance of a substantive contractual obligation.
8.Small wonder that confidence languishes, for it thrives only on honesty, on honour the sacredness of our obligation, on faithful protection and on unselfish performance.
9.In the event that the purchaser unjustifiably repudiates the contract, or does not meet his acceptance obligation, or is in arrears of over 30 days in respect of payments due, Mentor is entitled to demand damage compensation for non-performance.
10.The supplier also requires his subsuppliers to introduce and maintain a quality managemant system based on the Inernational Standards ISO9000 ff. with the obligation also for subsuppliers to also set a zero-dedect goal and to continuously improve their performance.
