Contractual Claim

(redirected from Contractual Claims)

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 ?
Under recent changes in accounting rules, Boeing hives off orders that no longer meet its criteria for recognising revenue into a separate category, while defending contractual claims.
Meglino, a member of the firm's Construction Services and Litigation departments, has represented construction contractors in a variety of complex commercial litigation matters, including claims for breach of contract and other contractual claims; defense of delinquent contribution claims under ERISA and other claims brought by unions and their trust funds; lien/bond claims; and insurance matters, including declaratory judgment matters concerning the scope of insurance coverage.
The statement further revealed that the planned deployment of intimidation and arm-twisting tactics by these undertaker contractors to extract payments for doubtful contractual claims, adjudged fraudulently and currently under the searchlight of the EFCC is untenable and unjustifiable.
Contract: qu126 - legal advice for contractual claims for a major construction project
(59) It was, therefore, necessary to consider whether the tortious claim is sufficiently closely related to any contractual claims arising out of the relationship, whether such contractual claims are pleaded or not.
The directive provides compensation for contractual claims for death, or long-term disability of seafarers due to occupational injury, illness or hazard, the social media post read.
This may lead to conflicts during the delivery of projects and often manifest in the form of contractual claims for time and cost.
Furthermore, it should be borne in mind that even in complex contractual claims, an explicit or implied admission may be considered as conclusive evidence and a determinative factor.
PSALM earlier engaged a topnotch foreign law firm, Pinsent Masons, to pursue its contractual claims of $3.4 million against Lehman Brothers Special Financing Inc.
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 ensuring 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 Ian Lyne, former project manager of the multi-disciplinary team responsible for the preparation of the Qatar National Master Plan.