Recipient Obligation Law and Legal Definition
According to 10 CFR 605.3 [Title 10 Energy; Chapter II Department of Energy; Subchapter H Assistance Regulations; Part 605 The Office of Energy Research Financial Assistance Program], the term recipient obligation means “the amounts of orders placed, contracts and subawards issued, services received, and similar transactions during a given period that will require payment by the recipient during the same or a future period.”
Legal Definition list
Related Legal Terms
- Alternative Obligation
- Alternative Trade Adjustment Assistance Recipient
- Bargaining Obligation Dispute [Administrative Personnel]
- Collateralized Mortgage Obligation
- Covered Clearing Obligation
- Covered Contractual Payment Obligation
- Covered Recipient
- Delictal Obligations
- Direct Loan Obligation
- Doctrine of Obligation
