principal obligor means, for an asset-backed security, a person or company that is obligated to make payments, has guaranteed payments, or has provided alternative credit support for payments, on financial assets that represent one-third or more of the aggregate amount owing on all of the financial assets servicing the asset-backed security;
principal obligor means, with respect to a specific indebtedness or obligation, the Person creating, incurring, assuming or suffering to exist such indebtedness or obligation without becoming liable for same as a surety or guarantor.
principal obligor means an obligor of assets in an asset pool if the assets in respect of which the person is an obligor generate one-third or more of the aggregate cash flow generated by all assets in an asset pool of a conduit;
More Definitions of principal obligor
principal obligor means the Borrower or the Guarantor.
principal obligor means each of the Borrower and the Parent.
principal obligor means, for an asset‑backed security, a person or company that is obligated to make payments, has guaranteed payments, or has provided alternative credit support for payments, on financial assets that represent one‑third or more of the aggregate amount owing on all of the financial assets servicing the asset‑backed security;
principal obligor means, for an asset-backed security, a person that is obligated to make payments, has guaranteed payments, or has provided alternative credit support
principal obligor means, in relation to Brightstar Guarantor, Brightstar and in relation to TechData Guarantor, TechData;
principal obligor means, for any asset-backed security, a person or company that is obligated to make payments, has guaranteed payments, or has provided
principal obligor is defined in the Recitals. -----------------