In a contract, obligations refer to the specific actions, responsibilities, or duties that each party is legally required to perform or uphold. These obligations define what each party is expected to do (or refrain from doing) to fulfill the contract terms. A few examples of obligations commonly found in contracts are:

• Payment Obligations: One party agrees to pay the other party a specified amount, either as a lump sum or in installments, within a specific time frame.
• Delivery of Goods or Services: One party agrees to deliver goods or provide services by a particular date or according to a specific schedule.
• Confidentiality: Both parties may be required to keep certain information confidential, prohibiting them from sharing proprietary or sensitive information with others.
• Compliance with Laws: Each party agrees to comply with relevant laws, regulations, or standards while fulfilling their part of the contract.
• Indemnification: One party may agree to indemnify (compensate) the other for any losses or damages arising from specific actions, like breach of contract or negligence.
• Intellectual Property Rights: Obligations related to the ownership, usage, and protection of intellectual property created or shared under the contract.
• Termination Clauses: The conditions under which either party can end the contract, often including requirements for written notice and any associated penalties or fees.
• Warranty Obligations: A party might warrant that certain products or services will meet certain quality standards or will be free from defects for a certain period.