Finance Deals & Syndicated Lending · glossary

Obligor

The borrower or a guarantor: the companies that owe the money. In Sunrise they are Atlas and its two guarantor subsidiaries. Most promises in the agreement are given by each Obligor. Definition: Obligor · Chapter 2

Explained in Chapter 2, Who's Who in a Syndicated Loan, of Finance Deals & Syndicated Lending.

How it comes up, in Chapter 2
Two of Atlas's subsidiaries are the Guarantors. The agreement puts all three companies in one family. An Obligor is “the Company or a Guarantor”, and the promises in the agreement are given by “each Obligor”.
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As defined in the training facility agreement
the Company or a Guarantor;
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Related terms

Where this term lives

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