Obliger definition

Obliger means the bank described in Item 3.
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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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Obliger means any Borrower, Guarantor and/or Xxxxxxx.
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Examples of Obliger in a sentence

  • IN WITNESS WHEREOF these presents have been executed by the Obliger.

  • If the Property Trustee has or shall acquire any "conflicting interest" within the meaning of Section 310(b) of the Trust Indenture Act, the Property Trustee and the Holder of the Common Securities (as if it were the Obliger referred to in Section 310(b) of the Trust Indenture Act) shall in all respects comply with the provisions of Section 310(b) of the Trust Indenture Act.

  • As to the amount of loss and/or damage and/or cost incurred by the Government the decision of the Engineer-in-Charge will be final and binding on the parties.IN WITNESS WHEREOF these presents have beenexecuted by the Obliger byand and for and on behalf of the IIT INDORE on the day, month and year first above writtenSIGNED, SEALED AND delivered by OBLIGOR in the presence of : 1.

  • Now the condition of the above written obligation is such that if the Obliger duly fulfil and comply with all the conditions mentioned in the letter of sanction when the above written bond or obligation shall be void and of an effects out otherwise it shall remain in the full force, effect and virtus.

  • 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.

  • 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.

  • 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.

  • Specifically, the inability to offer competitive pay for staff positions has led to the departure of numerous staff over the last three years.

  • Now, therefor, Obliger hereby designates this Contract as follows: 1.

  • That the hereinabove given is a continuing surety and shall not be impaired or discharged by reason of any time being granted or by any forbearance, act or omission of the University or any person authorized by it or any other indulgence or concession shown by the University to the Obliger or to anyone surety and the University shall be competent to recover the amount due from all or either of them.


More Definitions of Obliger

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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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 7.9.

  • 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 2023-2, the Indenture Trustee.

  • Guarantor means any one of them.

  • 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).

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

  • Guarantor Claims means all debts and liabilities of Borrower to Guarantor, whether such debts and liabilities now exist or are hereafter incurred or arise, or whether the obligation of Borrower thereon be direct, contingent, primary, secondary, several, joint and several, or otherwise, and irrespective of whether such debts or liabilities be evidenced by note, contract, open account, or otherwise, and irrespective of the person or persons in whose favor such debts or liabilities may, at their inception, have been, or may hereafter be created, or the manner in which they have been or may hereafter be acquired by Guarantor. The Guarantor Claims shall include without limitation all rights and claims of Guarantor against Borrower arising as a result of subrogation or otherwise as a result of Guarantor’s payment of all or a portion of the Liabilities. Until the Liabilities shall be paid and satisfied in full and Guarantor shall have performed all of its obligations hereunder, Guarantor shall not receive or collect, directly or indirectly, from Borrower or any other party any amount upon the Guarantor Claims if an Event of Default exists at the time of such receipt or collection.