Sentences with word «obligee»

Manitoba Court of Queen's Bench finds CRA entitled to priority to «earned but unpaid» contract funds held by obligee (over the surety who had paid out labour and material payment bond claims after principal's default)

In a case of first impression in Connecticut, obtained summary judgment in federal district court on behalf of a surety for failure of a performance bond obligee to properly declare the principal in default and to give the surety proper opportunity to exercise its options and limit its liability.

The obligee for a cooperative share loan, who is both a stockholder in a cooperative corporation and a tenant of the unit under a proprietary lease or occupancy agreement.

Neither Bird Construction Company nor the subcontractor notified Valard Construction Ltd. that the subcontractor had obtained a labour and materials payment bond, which named Bird Construction as the obligee.

This means that if the judge decides to award alimony to the obligee, the obligor might have to pay it permanently or just for a set period of time.

The purpose of making the obligor pay support to the obligee is to keep both spouses as close as possible to the standard of living they enjoyed when they were still a married couple.

Alimony refers to the money that one spouse («the obligor») has to pay to the other («the obligee») to normalize the financial picture after a divorce.

The judge can even order the obligor to pay the obligee's medical expenses as part of this kind of temporary support.

Although the general procedure (dealt in the District Court) of compulsory execution is available for the enforcement of performance of obligations decided upon or agreed upon in the disposition of family affairs cases, the Family Court has power to take, upon application of a party (obligee), certain measures for ensuring the performance of such obligations.

Alimony, which is sometimes known in other states as «spousal support» or «spousal maintenance,» is the money that a court orders one spouse (the «obligor») to pay to the other (the «obligee»), so that both parties can try to enjoy the same standard of living they had when they were married.

In those cases, the rule provides for a maximum obligation which may reduce the obligation so that the obligee does not receive a larger portion of the parties» combined income than the obligor.

If the trier of fact determines that the obligee acted reasonably in obtaining services which were not specifically set forth in the order of support, payment for such services may be ordered retroactively.

Performance Bond — protects the obligee from financial loss should the contractor fail to perform the contract in accordance with terms and conditions of the contract.

A surety bond is an agreement under which one party (the surety) guarantees to another (the owner or obligee) that a third party (contractor) will fulfill a contract in accordance with specifications agreed upon within the contract.

A surety bond (sometimes called a construction bid bond) is a three - party agreement by which the surety (insurer) binds itself to discharge the contracted obligations of a principal (contractor) to an obligee (owner) in the event that the principal fails to fulfill such obligations.

A surety bond is three - party bond that guarantees the principal will perform the obligations set forth by the obligee or else the surety will step in to help the obligee recuperate losses.

The court initially entering a child support order has continuing jurisdiction to require the obligee to report to the court on terms prescribed by the court regarding the disposition of the child support payments.

The court may deviate from what is presumed reasonable in cost only upon a written finding explaining its determination why ordering or not ordering the provision of health insurance or the reimbursement of the obligee's cost for providing health insurance for the minor child would be unjust or inappropriate.

Support orders that are not subject to immediate income deduction may be directed through the depository under s. 61.181 or made payable directly to the obligee.

a.The obligor fails to provide written proof to the obligee within 30 days after receiving effective notice of the court order that the health insurance has been obtained or that application for health insurance has been made;

It requires the health insurance provider to inform the obligee, who is usually the custodial parent, of any cancellation in insurance.

It is up to the obligor (the person paying alimony) to prove that a supportive relationship exists between the obligee and another person.

(d) If an alimony award has been modified to terminate due to a supportive relationship and that supportive relationship does not produce a marriage, the obligee is not entitled to reinstatement of alimony from the obligor.

Section 61.14, Florida Statutes, contains a provision that allows a court to modify or terminate an order for alimony if the obligee (the person receiving alimony) is in a «supportive relationship.»

If an obligee receiving alimony moves from Missouri to Texas, Texas will enforce her Missouri alimony order provided she follows Texas statutory guidelines for transferring an alimony order.

The spouse who provides financial support is known as the obligor whereas the spouse who receives it is known as the obligee.

As the law stands now, even if the obligor can prove that the obligee is in a supportive relationship, a judge has the option, but is not required, to modify an alimony order.

Currently, Florida law permits a person who has been ordered to pay alimony (called an «obligor») to seek a modification or termination of his or her alimony order if he or she can prove that the spouse receiving alimony (called the «obligee») is in a supportive relationship.

In the area of child support awards, when a person lives with someone else and shares expenses, the court can use that fact (and often does) as a basis to set the child support obligation higher (when the obligor is living with someone) or lower (when the obligee is living with someone).

The court is considering that an obligor with a live - in friend has more money available to pay support and an obligee with a live - in friend does not need as much support.

Generally the maintenance order will remain in effect for a specific time period or until the remarriage of the obligee or death of either spouse.

If the obligee is paying the premium, no further adjustment is necessary.

After the health insurance premium is added to the basic child support obligation and divided between the parents in proportion to their respective incomes, if the obligor is paying the premium, the amount calculated for the obligee's share of the health insurance premium shall be deducted from the obligor's share of the total child support obligation.

The parent who receives child support is an obligee.