Glossary of Terms and Definitions

Glossary Term: Commitment (relating to Approval Authorities and Execution of Documents)

Definition:

any agreement, commitment, undertaking or pledge made by the University which creates legal and binding obligations in favour of a Counterparty, including but not limited to assuming a financial obligation, providing or obtaining goods or services (including employment agreements), creating an academic partnership or other relationship (such as program agreements and practicum / placement agreements).
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