Contractual Claim

Contractual Claim

An amount that by legal agreement must be paid periodically to the buyer of a security; contractual claim may also specify the time at which the principal must be repaid and other details.

Contractual Claim

An amount to which one party of a contract is entitled. For example, if two parties agree to transfer a security in exchange for a fee, that fee is the contractual claim.
References in periodicals archive ?
The San Francisco-based 9th US Circuit Court of Appeals disagreed with the judge, reviving the lawsuit in a July 2012 ruling on the basis that Ginsberg's contractual claim was unrelated to the price, route or service.
By the time the defects became apparent the limitation period for a contractual claim had expired.
n THE only claim you could have would be a contractual claim on the repair, as they normally carry a warranty of up to a year.
Without the advent of products liability law as it exists today, Sam would have been restricted to a contractual claim against the Retailer, and that claim likely would have been all for not as the Retailer is no longer in operation.
The Service had maintained that back pay was a contractual claim and thus taxable.
The firm issued a contractual claim against Thames Trains in December last year.
In addition to the contractual claim under the policies, Pinnacle is pursuing a bad faith claim against Allianz and RSUI.
NYSE:RTI) announced today that it has settled its 1999 contractual claim for liquidated damages from the Boeing Commercial Airplane Group.
The first meeting of the Special Tripartite Committee (STC), held in Geneva, established under the rules of the convention, aimed to find agreement over the provision of security systems for helping seafarers in the event of abandonment, or in regards to compensation for contractual claims for death or personal injury.
The Group faces political, economic and regulatory risks in respect of its projects in the Middle East, including a minimum national ownership requirement in the United Arab Emirates and exposure to contractual claims for defect works under strict rules/decennial liability.
Qatari clients are using this period of reflection to ensure they bring in the right expertise to deliver their massive infrastructure projects on time and to specification with minimal risk of additional contractual claims, said Lyne.
Chinhengo has been involved in the successful defence of numerous tribunal claims including claims for unfair dismissal, discrimination, pension rights, unlawful deduction from wages, contractual claims and claims under TUPE.