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middelenverbintenis

English translation: obligation of means

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)

Dutch term or phrase:	middelenverbintenis
English translation:	obligation of means
Entered by:	Ron Peek

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08:17 Oct 18, 2004

Dutch to English translations [PRO]
Law/Patents - Law: Contract(s) / Contract

Dutch term or phrase: middelenverbintenis

The term appears in a contract. What is meant here by 'middelenverbintenis' and what would the English (UK) term be for this?

Context:
'De opdracht houdt een middelenverbintenis in in hoofde van de Opdrachtnemer.'

Many thanks in advance!

Ron

Ron Peek KudoZ activity Questions: 130 (1 open) (1 without valid answers) (1 closed without grading) Answers: 155
Local time: 04:16

obligation of means

Explanation:
Obligation to guarantee financial security or method of achieving required results. From what I can make out, in this case, the contractor is obliged to provide financial security for the project.