Examples of Domestic Obligor in a sentence
The borrower categories used in self-assessment are consistent with the obligor grade categories.■ SMBC’s Domestic Obligor Grading SystemFinancial Reconstruction Act Based Disclosure Category Normal Assets Substandard LoansDoubtful Assets Bankrupt and Quasi-Bankrupt Assets Obligor grades and facility grades are reviewed once a year, and whenever necessary, such as when there are changes in the credit situation.
As additional security for all of the Liabilities, and, with respect to Guarantors, as security for all obligations of Guarantors under the Guarantees, each Domestic Obligor shall grant to Agent, for the benefit of Agent and Lender, a lien upon, security interest in and charge against all assets of each Domestic Obligor located in the country of Mexico.
Within five (5) business days of receipt of documents from Agent, each Domestic Obligor shall execute all documents reasonably requested by Agent including, without limitation, documents creating a trust in such assets, to insure that Agent and Lender have a first priority perfected lien on all assets of each Domestic Obligor located in Mexico.