Crossword-Solution: OBLIGOR 7 letters, 4 clues 🏆 scrabble score: 10

But usually a condition is added, that, if the obligor shall do a certain act, appear at a certain place, conform to certain rules, faithfully perform certain duties, or pay a certain sum of money, on or before a time specified, the obligation shall be void; otherwise it shall remain in full force.

See Moratory.] (Law) Defn: A period during which an obligor has a legal right to delay meeting an obligation, esp.

Whatever scheme may be devised to increase the value of the Confederate States paper money, the obligor is the same.

The Dock Board welcomes the assistance and co-operation of the city and of the Levee Board, but inasmuch as these boards are merely contributing certain amounts per year, and whereas the Dock Board is the obligor in respect of the principal of the bond issue, it devolves upon the Dock Board to use great caution before committing itself to any particular plan in a matter which so vitally affects the credit of the Dock Board, the city of New Orleans and the Levee Board.

They may be given and are given, for instance, to guarantee the fidelity of a clerk, of a rent collector, or of a person in an office of public trust, or to secure that an intended husband will settle a sum on his wife in the event of her surviving him, or that a building contract shall be carried out, or that a rival business shall not be carried on by the obligor except within certain limits of time and space.