Obligor definition

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.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

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 Company and any successor obligor upon the Securities.

Examples of Obligor in a sentence

No Obligor shall create, incur, assume or suffer to exist, or permit any of its Subsidiaries to create, incur, assume or suffer to exist, any consensual limitation or restriction on its ability to make any payments to the Agent or the Lenders, or provide the security contemplated in the Guarantees or the Security Documents to the Agent, or perform or observe any of its other covenants or agreements under any of the Loan Documents, as and when required hereunder and thereunder.
No Obligor shall amend, nor permit any of its Subsidiaries to amend, its Constating Documents in a manner that would be prejudicial to the interests of the Agent or any of the Lenders under the Loan Documents or which could reasonably be expected to result in a Material Adverse Change.
No Obligor shall, and shall not permit any of its Subsidiaries to, make any material change in its accounting or reporting or financial reporting practices (i) except as required from time to time by GAAP or by Applicable Law or otherwise (ii) except as required in order to conform with the accounting practices of the Borrower (subject always to conformity with GAAP), provided in each of the foregoing cases, any such changes are promptly disclosed to the Agent.
All projections, including forecasts, budgets, pro formas and business plans provided to the Agent or the Lenders by or on behalf of any Obligor, or any of them, were prepared in good faith based on assumptions which were believed to be reasonable and are believed to be reasonable estimates of the prospects of the businesses referred to therein.
No Obligor is an obligor in respect of any Debt other than Permitted Debt.

More Definitions of Obligor

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

Obligor on the indenture securities means the Company and any successor obligor upon the Securities. All other terms used in this Indenture that are defined by the TIA, defined by TIA reference to another statute or defined by SEC rule under the TIA and not otherwise defined herein are used herein as so defined.

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.