noun. A person who owes or undertakes an obligation to another by contract or other legal procedure. ‘Prime Group had given an indemnity as a principal obligor, and not just a guarantor, to the Respondents in respect of the tenant's obligations under one of the Leases.’.
obligor (ah-bluh-gore) n. the person or entity who owes an obligation to another, as one who must pay on a promissory note. Copyright © 1981-2005 by Gerald N. Hill and Kathleen T. Hill.
Correct spelling for the English word "Obligor" is [ əblˈɪɡə], [əblˈɪɡə], [ə_b_l_ˈɪ_ɡ_ə] (IPA phonetic alphabet). 9 Sep 2019 A person who is an owner but does not have an obligation to repay the loan is sometimes referred to as a “non-obligor” or “non-borrower.”. Definition. Single Obligor Exposure (also Total, One Obligor exposure) is the total exposure on a Client Group Obligee vs. Obligor. Published: 3 Jun, 2018.
The obligor is a company that sells bonds, and sometimes insurance policies as well, to principals who must be bonded in order to bid on projects offered by obligees. Obligor. A person or organization that is bound by an obligation to another. In a bonding situation, this party, commonly called the "principal," purchases a bond to protect the party to whom it owes an obligation.
Assuming that each obligor has its own default intensity process, we use Nominal value means the amount of principal that a debtor is contractually obliged to
equity in the Tax Court A copy of this form and a copy of the OMB Income Withholding for Support form, signed by the judge, should be sent to the obligor 's payor by certified mail, return receipt requested. Obligee definition at Dictionary.com, a free online dictionary with pronunciation, synonyms and translation. Look it up now! Learn how to say Obligor with EmmaSaying free pronunciation tutorials.Definition and meaning can be found here:https: Obligor definition: a person who binds himself or herself by contract to perform some obligation ; debtor Meaning, pronunciation, translations and examples 40.
för denna definition betyder "kontroll", när det används i relation till Each Guarantor irrevocably and unconditionally, as principal obligor
Class ID Total defaulted debt for each default obligor. obligor/ˌɒblɪˈɡɔː/. 1. Na person who binds himself by contract to perform some In case the defaulted exposure is sold, the bank needs to ensure the probation period requirements are applied to any new exposure to the same obligor. A demand guarantee is a guarantee that must be honoured by the guarantor upon beneficiary's demand.
(ˌɒblɪˈɡɔː ) noun. 1. a person who binds himself or herself by contract to perform some obligation; debtor. 2. a person who gives a bond.
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One who is under obligation to another by contract or legal agreement.
click for more sentences of It can be defined as the gross exposure under a facility upon default of an obligor. 25 Jul 2019 What is an obligor? Obligors play an important role in the bonding process. We go into obligor meaning, as well as other the roles in bonding.
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för denna definition betyder "kontroll", när det används i relation till Each Guarantor irrevocably and unconditionally, as principal obligor
сущ. должник, плательщик (debtor, payer). Словосочетания exoneration of obligor — Sinhala Dictionary definitions for obligor. obligor.
30 Jul 2017 Definition - What does Obligor mean? An obligor is a person who is legally mandated to do something for someone else. In most cases, they
Pronunciation: (ob"li-gôr', ob'li-gôr"), — n.
obligor : බන්ධන්දායියා. obligor definition.