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obligor
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 German  English

Verpflichtete {m,f}; Verpflichteter {m} [jur.] obligor

Verpflichteten {pl}; Verpflichtete {pl} obligors

Gesamtschuldner {m} [jur.] joint and several debtor; joint and several obligor

Gesamtschuldner {pl} joint and several debtors; joint and several obligors

als Gesamtschuldner haften to be jointly and severally liable; to be liable as joint and several debtors

Vertragsverzug {m}; Verzug {m} (Vertragsrecht) [jur.] [listen] contractual default; default in performance; contractual delay; delay in performance (contract law)

Gläubigerverzug {m} (Mora accipiendi) default on the part of the creditor/obligee; creditor's default; delay of the creditor

Schuldnerverzug {m} (Mora solvendi) default on the part of the debtor/obligor; default of the debtor; debtor's delay

im Falle des Verzugs in case of default; in case of delay; in the event that a default occurs

die in Verzug befindliche Partei; die Partei in Verzug the defaulting party; the party in default

eine in Verzug befindliche Hypothek a defaulted mortgage

reziproker Verzug; Drittverzug {m} cross default

in Verzug sein to be in default; to default; to fail to perform the contract / your contractual obligations [listen]

Ein Verzug tritt ein, wenn eine Partei gegen die Leasingbedingungen verstößt. A default occurs when one party violates the terms of the lease.
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