Obliger definition

Obliger means the bank described in Item 3.
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Obliger means any guarantor, any party pledging collateral to the Bank, or, if the Borrower is comprised of the trustees of a trust, any xxxxxxx.
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Obliger means the entity listed above as Obliger and which Is financing the Equipment through Ob!igee under the provisions of this Contract. "Original Term" means the period from the Commencement Date until the end of the Budget Year of Obliger.
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Examples of Obliger in a sentence

  • Pending such request, such Obligor shall keep such items at its chief executive office and principal place of business, which office and place of business shall be set forth in Exhibit 7.1, or at such other address as such Obliger may specify by notice actually received by the Agent not less than ten Banking Days prior to such change of address.

  • The Borrower or Obliger as applicable, upon the request of the Administrative Agent or such Lender, agrees to repay the amount paid over to the Borrower or Obliger (plus any penalties, interest or other charges imposed by the relevant Governmental Authority) to the Administrative Agent or such Lender if the Administrative Agent or such Lender is required to repay such refund or reduction to such Governmental Authority.

  • Under Wetland Conservation Programme, 115 wetlands have been identified for conservation and management in the country Similarly under Mangrove and Coral Programme 40 Mangrove and 4 Coral areas have been identified for Conservation.

  • For purposes of the subrogation rights of the Credit Obliger hereunder, (i) any reference herein to the registered owners or Holders of the Bonds shall mean the Credit Obligor, (ii) any principal of, mandatory redemption premium, optional redemption premium and interest on the Bonds paid with moneys collected pursuant to the Letter of Credit shall be deemed to be unpaid hereunder, and (iii) the Credit Obligor may exercise any rights it would have hereunder as the Holder of the Bonds.

  • If a new Lender fails to indicate its status in accordance with this clause 14.5 then such Lender shall be treated for the purposes of this Agreement (including by each Obligor) as if it is not a Qualifying Lender until such time as it notifies the Agent which category applies (and the Agent, upon receipt of such notification, shall inform the Obliger).

  • An Obliger rntcd 'A' has strong capacity to meet its financial commitments but is somewhat more susceptible to the adverse effects ofchanges in circumstances and economic conditions than obligors in higher-rated categories.

  • The Obliger has agreed to this condition and the sureties have also assured the University that the Obliger will perform these obligations faithfully.

  • Hereinafter called (ii) and (iii) jointly the sureties of the third part): Whereas the Obliger is employed in the Indian Maritime University in the ………………… And whereas the Obliger has applied for study leave for the following purposes: And whereas the University has agreed to grant study leave on the condition that after the completion of studies, the obliger will rejoin the University and serve the University for a minimum period of ………..

  • Obliger l’auteur ou son exploitant à poursuivre des négociations qu’ils souhaitent voir avorter conduirait dans tous les cas à de mauvaises relations contractuelles.

  • Since the date of the most recent financial statement provided to the Ban1c, there has been no material adverse change in the business condition (financial or otherwise), operations, properties or prospects of the Borrower (or any other Obliger).


More Definitions of Obliger

Obliger means any Borrower, Guarantor and/or Xxxxxxx.
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Related to Obliger

  • Guaranteed Party means the Borrower and each Subsidiary thereof party to any Interest Rate Protection Agreement or Other Hedging Agreement with an Other Creditor. Each Guarantor understands, agrees and confirms that the Secured Creditors may enforce this Guaranty up to the full amount of the Guaranteed Obligations against such Guarantor without proceeding against any other Guarantor, the Borrower, any other Guaranteed Party, against any security for the Guaranteed Obligations, or under any other guaranty covering all or a portion of the Guaranteed Obligations.

  • Obligee means the Person to whom an Obligor is indebted under a Contract.

  • Obligated Party has the meaning assigned to such term in Section 10.02.

  • Indemnitor has the meaning set forth in Section 12.3.

  • Obligated Entity means a person or entity that sells electrical energy to end-use

  • Subordinated Creditor means any creditor of Tenant which is a party to a Subordination Agreement in favor of Landlord.

  • Obligated Person means any person, including the Issuer, who is either generally or through an enterprise, fund, or account of such person committed by contract or other arrangement to support payment of all, or part of the obligations on the Bonds (other than providers of municipal bond insurance, letters of credit, or other liquidity facilities), as shown on Exhibit A.

  • Subordinated Creditors means all creditors the indebtedness of which is subordinated, in the event of the Winding-Up of DSB, in right of payment to the claims of depositors and other unsubordinated creditors of DSB other than those whose claims rank or is expressed to rank by operation of law or contract pari passu with, or junior to, the claims of the Noteholders. For this purpose indebtedness shall include all liabilities, whether actual or contingent;

  • legal or administrative action means any legal proceeding or arbitration and any administrative or regulatory action or investigation;

  • Releasing Party has the meaning set forth in Section 12.2.

  • Mediation party means a person that participates in a mediation and whose agreement is necessary to resolve the dispute.

  • Junior Creditor means any Defaulting Bank which has not (x) fully cured each and every default on its part under the Loan Documents and (y) unconditionally tendered to the Administrative Agent such Defaulting Bank’s Pro Rata Share of all costs, expenses and disbursements required to be paid or reimbursed pursuant to the terms of the Loan Documents.

  • authorised party means the party referred to in Article XIII(3);

  • Licensing representative means a person authorized by the Department under Section 5 of the Child Care Act of 1969 to examine facilities for licensure.

  • Bargaining representative means a labor organization recognized by an employer or certified by the commission as the sole and exclusive bargaining representative of certain employees of the employer.

  • Principal or Representative means a principal, owner, partner, shareholder, joint venturer, investor, member, trustee, director, officer, manager, employee, agent, representative or consultant.

  • AWR Claim means any complaint or claim to a tribunal or court made by or on behalf of the Agency Worker against the Hirer and/or the Employment Business for any breach of the AWR;

  • Creditor Representative means, with respect to Series 2023-5, the Indenture Trustee.

  • Guarantor means: .............................................................................................................................................

  • Authorised Representative means any natural or legal person established within the Union who has received a written mandate from a manufacturer to act on his behalf in relation to specified tasks;

  • Guarantor Obligations with respect to any Guarantor, all obligations and liabilities of such Guarantor which may arise under or in connection with this Agreement (including, without limitation, Section 2) or any other Loan Document to which such Guarantor is a party, in each case whether on account of guarantee obligations, reimbursement obligations, fees, indemnities, costs, expenses or otherwise (including, without limitation, all fees and disbursements of counsel to the Administrative Agent or to the Lenders that are required to be paid by such Guarantor pursuant to the terms of this Agreement or any other Loan Document).

  • Insolvency Laws The Bankruptcy Code and all other applicable liquidation, conservatorship, bankruptcy, moratorium, rearrangement, receivership, insolvency, reorganization, suspension of payments, or similar debtor relief laws from time to time in effect affecting the rights of creditors generally.

  • Authorised Authority Representative means the Authority representative named in CCN as authorised to approve agreed Variations to the Contract.

  • Notifying Party As defined in Section 3.01(i).

  • Employer/Owner means the DAKSHIN HARYANA BIJLI VITRAN NIGAM and the legal successors in title to the Employer/Owner but not (Except with the consent of the Contractor) any assignees of the Employer/Owner.

  • complaining Party means any Party that requests the establishment of an arbitration panel under Article 3.5 (Initiation of the Arbitration Procedure);