Obligor

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Obligor

A person who has an obligation to pay off a debt.

Obligor

The party to an agreement who owes an obligation to another party. An obligation is a requirement, especially a legal one. For example, an investor may have a legal obligation to disclose his/her investments to the SEC. In this circumstance, the obligor is the investor. See also: Obligee.

obligor

A party who owes an obligation.A borrower is an obligor.

References in periodicals archive ?
The previous guidelines failed to incorporate in a substantive way the obligee's income in determining the amount to be paid by the obligor.
Paragraph 6 must be completed to show what percentage, if any, of a one time payment made to the obligor should be applied to any arrearage in support that may be due to the obligee.
Standard & Poor's automated service allows rapid identification of obligors across the municipal bond market," said Frank DeNuzzie, Project Manager for Standard & Poor's.
A) Whether the quality of a banking institution's assets has been impaired by a protracted inability of public or private obligors in a foreign country to make payments on their external indebtedness as indicated by such factors, among others, as whether:
A change in the obligor, including the addition or deletion of a co-obligor, is an exception to this rule (Regs.
The affirmations reflect increasing credit enhancement and strong obligor loss coverage, despite high levels of delinquencies.
A number of arbitrage CBO and CLO transactions have collateral pools with significant exposure to debt issued by obligors within the airline and lodging categories, which means they may be negatively affected if obligors within those industries see significant downward ratings migrations or defaults as a result of recent events.
A change in a debt's obligor (with exceptions) or collateral; or
The pool is diversified in terms of obligors, with 61% of the pool balance relating to obligors residing in the United States or its territories and 39% of the pool relating to obligors residing outside of the United States.
25, 2011, Fitch applied losses from the largest performing obligors commensurate with the individual rating category.
The trust was formed for the sole purpose of acquiring promissory notes of certain obligors and issuing certificates of beneficial interest in the trust.