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What (who) is OBLIGOR - definition
Obligor
![negotiable]] contracts.](https://commons.wikimedia.org/wiki/Special:FilePath/1951 Bombay Province Rs 2500 Hundi.jpg?width=200 "negotiable]] contracts.")
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![[[Hugo Grotius]], one of the jurists credited with the development of Roman Dutch law](https://commons.wikimedia.org/wiki/Special:FilePath/Mierevelt grotius 1608.jpg?width=200 "[[Hugo Grotius]], one of the jurists credited with the development of Roman Dutch law")
![A contract from the [[Tang dynasty]] that records the purchase of a 15-year-old slave for six bolts of plain silk and five Chinese coins](https://commons.wikimedia.org/wiki/Special:FilePath/Chinese Slave trade.jpg?width=200 "A contract from the [[Tang dynasty]] that records the purchase of a 15-year-old slave for six bolts of plain silk and five Chinese coins")
![[[Thomas Boylston]] to [[Thomas Jefferson]], May 1786, Maritime Insurance Premiums](https://commons.wikimedia.org/wiki/Special:FilePath/Insurance Contact 2.jpg?width=200 "[[Thomas Boylston]] to [[Thomas Jefferson]], May 1786, Maritime Insurance Premiums")
![[[Fire insurance]] contract of 1796](https://commons.wikimedia.org/wiki/Special:FilePath/Insurance contract.jpg?width=200 "[[Fire insurance]] contract of 1796")
AGREEMENT HAVING A LAWFUL OBJECT ENTERED INTO VOLUNTARILY BY MULTIPLE PARTIES (MAY BE EXPLICITLY WRITTEN OR ORAL)
Contract law; Binding agreement; Contracts; Express contract; Verbally binding; Verbal contracts; Contractual; Guarantees; Contract Law; Bilateral contract; Unilateral contract; Obligee; Obligor; Service agreement; Contractual rights; Unilateral Contracts; Contractual agreement; Contractual obligations; Law of contracts; Contracting party; Contracting; Contract system; Legal contract; Contracts law; Written contracts; Types of contract; Contract (legal); Legal Detriment; Legal agreement; Kill fee; Cotract; Contractual powers; Contractual power; Law of contract; Contract document; Nominate contract; Contractual law; Written contract; Binding contract; Requirements of an Insurance Contract; Performance of a contract; Performance of an obligation; Specific contract; Service Agreement; Parent contract; User:Nenadimitrovski81/Objective theory of contract; Business efficacy test
·noun The person who binds himself, or gives his bond to another.
obligor
AGREEMENT HAVING A LAWFUL OBJECT ENTERED INTO VOLUNTARILY BY MULTIPLE PARTIES (MAY BE EXPLICITLY WRITTEN OR ORAL)
Contract law; Binding agreement; Contracts; Express contract; Verbally binding; Verbal contracts; Contractual; Guarantees; Contract Law; Bilateral contract; Unilateral contract; Obligee; Obligor; Service agreement; Contractual rights; Unilateral Contracts; Contractual agreement; Contractual obligations; Law of contracts; Contracting party; Contracting; Contract system; Legal contract; Contracts law; Written contracts; Types of contract; Contract (legal); Legal Detriment; Legal agreement; Kill fee; Cotract; Contractual powers; Contractual power; Law of contract; Contract document; Nominate contract; Contractual law; Written contract; Binding contract; Requirements of an Insurance Contract; Performance of a contract; Performance of an obligation; Specific contract; Service Agreement; Parent contract; User:Nenadimitrovski81/Objective theory of contract; Business efficacy test
['?bl?g?:, ??bl?'g?:]
¦ noun Law a person who owes or undertakes an obligation to another by contract or other legal procedure. Compare with obligee.
obligor
AGREEMENT HAVING A LAWFUL OBJECT ENTERED INTO VOLUNTARILY BY MULTIPLE PARTIES (MAY BE EXPLICITLY WRITTEN OR ORAL)
Contract law; Binding agreement; Contracts; Express contract; Verbally binding; Verbal contracts; Contractual; Guarantees; Contract Law; Bilateral contract; Unilateral contract; Obligee; Obligor; Service agreement; Contractual rights; Unilateral Contracts; Contractual agreement; Contractual obligations; Law of contracts; Contracting party; Contracting; Contract system; Legal contract; Contracts law; Written contracts; Types of contract; Contract (legal); Legal Detriment; Legal agreement; Kill fee; Cotract; Contractual powers; Contractual power; Law of contract; Contract document; Nominate contract; Contractual law; Written contract; Binding contract; Requirements of an Insurance Contract; Performance of a contract; Performance of an obligation; Specific contract; Service Agreement; Parent contract; User:Nenadimitrovski81/Objective theory of contract; Business efficacy test
(ah-bluh-gore) n. the person or entity who owes an obligation to another, as one who must pay on a promissory note.
Examples of use of OBLIGOR
1. True, the issue was virtually guaranteed by the Malaysian government, because the Sukuk had recourse to the Obligor, Khazanah, but for the nascent global Islamic capital markets industry it is both encouraging and important to see a much greater level of cross–border interaction between the Middle East and South East Asia.
2. Commercial Bank of Qatar and Bank Muscat International acted as managers along with National Bonds, Arab Islamic Bank and Al–Amin Bank as participants. «The Islamic Musharaka Sukuk, which is an international sukuk, was $75 million oversubscribed and the bank has elected to increase the facility to $200 million — making it the largest corporate sukuk issue in Kuwait to date,» Liquidity Management Center’s (LMC) chief executive officer Ahmed Abbas said. «This is a reflection of the significant confidence of the investors in the sukuk issue, our strategy and unique structured products.» The Lagoon City Musharaka Sukuk is a reducing five–year Musharaka callable at end of year two by the obligor (Al–Ahlia Gulf Holding Company) and has been rated «BBB+» by Capital Intelligence,» he further said.