obligor : Dictionary / Wörterbuch (BEOLINGUS, TU Chemnitz)

	English	German
	obligor	Verpflichtete {m,f}; Verpflichteter {m} [jur.]
	obligors	Verpflichteten {pl}; Verpflichtete {pl}
	joint and several debtor; joint and several obligor	Gesamtschuldner {m} [jur.]
	joint and several debtors; joint and several obligors	Gesamtschuldner {pl}
	to be jointly and severally liable; to be liable as joint and several debtors	als Gesamtschuldner haften
	contractual default; default in performance; contractual delay; delay in performance (contract law)	Vertragsverzug {m}; Verzug {m} (Vertragsrecht) [jur.]
	default on the part of the creditor/obligee; creditor's default; delay of the creditor	Gläubigerverzug {m} (Mora accipiendi)
	default on the part of the debtor/obligor; default of the debtor; debtor's delay	Schuldnerverzug {m} (Mora solvendi)
	in case of default; in case of delay; in the event that a default occurs	im Falle des Verzugs
	the defaulting party; the party in default	die in Verzug befindliche Partei; die Partei in Verzug
	a defaulted mortgage	eine in Verzug befindliche Hypothek
	cross default	reziproker Verzug; Drittverzug {m}
	to be in default; to default; to fail to perform the contract / your contractual obligations	in Verzug sein
	A default occurs when one party violates the terms of the lease.	Ein Verzug tritt ein, wenn eine Partei gegen die Leasingbedingungen verstößt.