Obligor sentence example

obligor
  • American law is in general agreement with English, except in the case of Louisiana, where the terms obligor and obligee are used in as wide a sense as the debitor and creditor of Roman law.
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  • As bankers we are primarily concerned with our exposure to the original obligor.
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  • The party bound is still called the obligor, the party in whose favour the bond is made the obligee.
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