Debtor definition

Debtor means a person who is liable on a claim.

Debtor means a borrower of money or a purchaser or lessee of goods, services, property, rights or privileges for which payment is arranged through a credit transaction.

Debtor means any individual, corporation, partnership, association, limited liability company or any other form or business association owing a debt to the state or any of its political subdivisions;

Examples of Debtor in a sentence

• Xxxxxx xxxxxx agrees not to assert against any assignee of Secured Party's rights hereunder any claim, damage, or defense Debtor may have against Secured Party.

• No waiver nor indulgence by Secured Party as to any required performance by Debtor shall constitute a waiver as to any subsequent required performance or other Obligation of Debtor hereunder.

• There has been no change in the name or address of Debtor, or the name or address under which Debtor conducts its business.

• Debtor shall not assign or transfer this Agreement or any rights or Note hereunder without the prior written consent of Secured Party.

• The Unpaid Balance together with all outstanding interest, fees and charges due under this contract are repayable by the Debtor in one sum on demand and pending demand being made: The initial Unpaid Balance is to be repaid by Error! Reference source not found.

More Definitions of Debtor

Debtor as defined in 11 U.S.C. Section 101 or any successor statute thereto (unless, in the case of a petition filed against Lessee, the same is dismissed within sixty (60) days); (iii) the appointment of a trustee or receiver to take possession of substantially all of Lessee's assets located at the Premises or of Lessee's interest in this Lease, where possession is not restored to Lessee within thirty (30) days; or (iv) the attachment, execution or other judicial seizure of substantially all of Lessee's assets located at the Premises or of Lessee's interest in this Lease, where such seizure is not discharged within thirty (30) days; provided, however, in the event that any provision of this subparagraph 13.1 (e) is contrary to any applicable law, such provision shall be of no force or effect, and not affect the validity of the remaining provisions.

Debtor means a chargor under a security agreement, a conditional buyer under a title reservation agreement, a lessee under a leasing agreement or a person whose interest in an object is burdened by a registrable non-consensual right or interest;

Debtor means one of the Debtors, in its individual capacity as a debtor and debtor in possession in the Chapter 11 Cases.

Debtor means a person that is liable on a claim.

Debtor means one or more of the Debtors, as debtors and debtors in possession, each in its respective individual capacity as a debtor and debtor in possession in the Chapter 11 Cases.

Debtor shall have the meaning specified in the preamble hereof.

Debtor as defined in 11 U.S.C. Section 101 or any successor statute thereto (unless, in the case of a petition filed against Lessee, the same is dismissed within 60 days); (iii) the appointment of a trustee or receiver to take possession of substantially all of Lessee's assets located at the Premises or of Lessee's interest in this Lease, where possession is not restored to Lessee within 30 days; or (iv) the attachment, execution or other judicial seizure of substantially all of Lessee's assets located at the Premises or of Lessee's interest in this Lease, where such seizure is not discharged within 30 days. Provided, however, in the event that any provision of this paragraph 13.1(d) is contrary to any applicable law, such provision shall be of no force or effect.