Principal Debtor definition

Principal Debtor means the natural person or juristic entity whose name appears on the Credit PRINCIPAL DEBTOR Application and subsequent statement or delivery note;
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Principal Debtor means New Zealand Local Government Funding Agency Limited, a company incorporated in New Zealand.
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Principal Debtor means a person in respect of whose default a guarantee is given.
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Examples of Principal Debtor in a sentence

  • Further, the PRINCIPAL DEBTOR agrees to be liable for all legal costs including costs on the scale as between attorney and own client and collection charges and tracing costs.

  • No claims for missing or damaged Goods shall be valid unless the delivery note has been endorsed as aforesaid and unless, in addition, the PRINCIPAL DEBTOR notifies DUXBURY in writing within 3 (Three) business days of the delivery of the Goods of the claim in question and the Goods relating to such claim, furnishing full details in regard thereto.

  • The PRINCIPAL DEBTOR shall be obliged to inspect all Goods upon delivery and shall endorse the delivery note as to any missing or damaged Goods.

  • Further, the PRINCIPAL DEBTOR agrees to be liable for all legal costs including costs on the scale as between attorney and client and collection charges and tracing costs.

  • The PRINCIPAL DEBTOR shall bear the onus of proving that upon delivery, any Goods are missing or damaged or that the PRINCIPAL DEBTOR’S order was in any way not complied with.


More Definitions of Principal Debtor

Principal Debtor means, at any time, any Person any of whose obligations are at that time guaranteed by Thomson;
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Principal Debtor. The Guarantor's obligations under this Guarantee are:
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Principal Debtor means, at any time, any Person any of whose obligations are at that time guaranteed by P&O Princess;
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Principal Debtor means a person in respect of whose default a guarantee is given. 69. Right of indemnity holder when sued‌A promisee in a contract of indemnity, acting within the scope of his or her authority is entitled to recover from a promisor—
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Principal Debtor means, at any time, any Person any of whose obligations are at that time guaranteed by Carnival;
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Principal Debtor means the ‘Principal Debtor’ described on the face hereof.
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Principal Debtor means TSW International Inc of 0000 Xxxxx Xxxxx Xxxxxxx, Xxxxxxx, XX00000
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