Obligor definition

Obligor on the indenture securities means the Company and any other obligor on the indenture securities. All other TIA terms used in this Indenture that are defined by the TIA, defined by TIA reference to another statute or defined by SEC rule have the meanings assigned to them by such definitions.

Obligor on the indenture securities means the Issuer and any other obligor on the indenture securities. All other TIA terms used in this Indenture that are defined by the TIA, defined by TIA reference to another statute or defined by Commission rule have the meaning assigned to them by such definitions.

Obligor on the indenture securities means the Issuer and any other obligor on the indenture securities.

Examples of Obligor in a sentence

• The records of the Servicer did not reflect that the related Obligor on such Receivable being currently the subject of a verified bankruptcy proceeding.

• The Receivable requires that the Obligor thereunder obtain physical damage insurance covering the related Financed Vehicle.

• The Borrower is duly incorporated, validly existing and in good standing under the laws of the Republic of the Xxxxxxxx Islands and neither the Borrower nor any Security Party is a US Tax Obligor.

• Such Receivable provides that a prepayment by the related Obligor will fully pay the principal balance and accrued interest through the date of prepayment based on such Receivable’s Annual Percentage Rate.

• The Borrower further agrees that it shall (or it shall cause the Collateral Manager to) provide prompt notice to the Administrative Agent of any misdirected or errant payments made by any Obligor with respect to any Collateral Asset and direct such Obligor to make payments as required hereunder to the extent a Responsible Officer of the Borrower or the Collateral Manager, as applicable, has actual knowledge of such misdirected or errant payments.

More Definitions of Obligor

Obligor on the indenture securities means the Company and any successor obligor upon the Securities.

Obligor on a Receivable means the purchaser or co-purchasers of the Financed Vehicle and any other Person who owes payments under the Receivable.

Obligor means a Person obligated to make payments pursuant to a Contract.

Obligor means each Person liable for the full or partial payment or performance of any Loan, whether such Person is obligated directly, indirectly, primarily, secondarily, jointly, or severally.

Obligor on the indenture securities means the Company or any other obligor on the Securities. All terms used in this Indenture that are defined by the Trust Indenture Act, defined by a Trust Indenture Act reference to another statue or defined by Commission rule under the Trust Indenture Act and not otherwise defined herein have the meanings assigned to them therein.

Obligor on the indenture securities means the Company or any other obligor on the Securities.

Obligor means a Borrower or a Guarantor.