obligor

the obligor must fulfill their contractual obligations.

the lender is relying on the obligor's ability to repay.

an obligor can be an individual or a corporation.

the court ruled that the obligor was in default.

it is essential for the obligor to maintain good credit.

the obligor agreed to the terms of the loan.

the obligations of the obligor are clearly stated in the contract.

the obligor should provide collateral for the loan.

the financial stability of the obligor is crucial for lenders.

if the obligor fails to pay, legal action may be taken.