obligor in a sentence
pronunciation: [ [ ˌɔbli'gɔ: ] ]
Examples
- They are to be distinguished from surety bonds in that they did not require any party to act as surety having an obligee and obligor sufficed.
- An unstressed PD is an estimate that the obligor will default over a particular time horizon considering the current macroeconomic as well as obligor specific information.
- An unstressed PD is an estimate that the obligor will default over a particular time horizon considering the current macroeconomic as well as obligor specific information.
- However, an obligor who has had his solidarity renounced would never be liable for more than his fair portion if an obligor never becomes insolvent.
- However, an obligor who has had his solidarity renounced would never be liable for more than his fair portion if an obligor never becomes insolvent.
- Then the must be forms designed to elicit this information and presumably a consideration by the court of the obligor-parent's ability to pay.
- NMS and TLC have further notified the trustee that the obligor is under default on its lease with Wind Gap Farms relating to the facility's property.
- Thus an obligation encompasses both sides of the equation, both the obligor's duty to render prestation and the obligee's right to receive prestation.
- This method of substituting the obligor is desirable for defendants or property / casualty companies that do not want to retain the periodic payment obligation on their books.
- This implies that if the macroeconomic conditions deteriorate, the PD of an obligor will tend to increase while it will tend to decrease if economic conditions improve.