Bond obligor definition
WebDec 6, 2024 · A surety bond is a legally binding contract entered into by three parties: the principal, the obligee, and the surety. The obligee, usually a government entity, requires the principal,... WebDepending on the circumstances, a reissuance may occur if there is a change in the timing of the payments due under the tax-exempt-bond such as an extension of the final maturity or a deferral of payments prior to maturity. Substitution of a new obligor or the addition or deletion of a co-obligor. If there is a change in payment expectations ...
Bond obligor definition
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Web(ah-bluh-jee) n. the person or entity to whom an obligation is owed, like the one to be paid on a promissory note. Copyright © 1981-2005 by Gerald N. Hill and Kathleen T. Hill. All Right reserved. obligee a person in whose favour an OBLIGATION, contract, or bond is created; a creditor. Collins Dictionary of Law © W.J. Stewart, 2006 WebCO-OBLIGOR, contracts. One who is bound together with one or more others to fulfill an obligation. As to what will constitute a joint obligation, see 5 Bin. 199; Windham's Case, 5 Co. 7; 2 Ev. Poth. 63; Ham. Parties, 29, 20, 24; 1 Saund. 155; Saunders, Arguendo and note 2; 5 Co. 18 b, 19 a, Slingsly's Case. He may be jointly, or severally ...
Webnoun Law. a person to whom another is obligated or bound. a person to whom a bond is given. a person who is under obligation for a favor, service, or benefit. obligor obligee …
WebJun 3, 2024 · Obligor noun The party bearing a legal obligation to another party (the obligee). Obligee noun The person to whom another is bound, or the person to whom a … Webnoun. Law. a person to whom another is obligated or bound. a person to whom a bond is given. a person who is under obligation for a favor, service, or benefit. obligor obligee. …
WebA private company that consolidates a public company is not considered a public business entity and can apply the financial accounting and reporting alternatives …
Webnoun [ C ] law specialized us / ˌɑː.bləˈɡɔːr / uk / ˌɒb.lɪˈɡɔː r/. a person or group who must give something such as a payment or benefit to someone, according to a law or legal … teams login dodWebA conduit debt obligation has all of the following characteristics: There are at least three parties involved: (1) an issuer, (2) a third-party obligor and (3) a debt holder or debt trustee. There may be more than one third-party obligor, debt holder or debt trustee. teams login for studentWebAn obligation is a legal bond ( vinculum iuris) by which one or more parties (obligants) are bound to act or refrain from acting. An obligation thus imposes on the obligor a duty to perform, and simultaneously creates a corresponding right to demand performance by the obligee to whom performance is to be tendered. History [ edit] teams login error 80080300WebDefinition; AAA: An obligor rated 'AAA' has extremely strong capacity to meet its financial commitments. 'AAA' is the highest issuer credit rating assigned by S&P Global Ratings. ... An S&P Global Ratings fund credit quality rating, also known as a "bond fund rating," is a forward-looking opinion about the overall credit quality of a fixed ... teams login ecnWebNov 18, 2024 · A guarantor is a financial term describing an individual who promises to pay a borrower's debt in the event that the borrower defaults on their loan obligation. Guarantors pledge their own assets... teams login fsgmsWebA surety bondis a 3-party contract between the obligee, principal and surety carrier. The obligee is who is requiring the principal to post the surety bond. They require the surety … teams login hkWebJan 1, 2024 · A conduit bond obligor is an entity that is obligated for the repayment of conduit debt securities. Conduit debt securities are defined as municipal securities … teams login hf olten