Principal obligation

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PRINCIPAL OBLIGATION. That obligation which arises from the principal object of the engagement which has been contracted between the parties. It differs from an accessory obligation. (q.v.) For example, in the sale of a horse, the principal obligation of the seller is to deliver the horse; the obligation to take care of him till delivered is an accessory engagement. Poth. Obl. n. 182. By principal obligation is also understood tho engagement of one who becomes bound for himself and not for the benefit of another. Poth. Obl. n. 186.

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condition Constitutor guaranty obligation principal Principal and Surety Reciprocal contract Resolutory condition Suretyship			One of the principal obligations concerns gas safety. Playing it safe with holiday lets by The Journal (Newcastle, England) The bill also prohibits the GSEs from "holding loans purchased with principal obligations greater than the normal conforming limit on their portfolios, either as whole loans or mortgage-backed securities (MBS), except to the extent that such loans are held for the purposes of securitization. GSE reform bill clears Senate Banking Committee by Mortgage Banking Also, the banking sector is not meeting its principal obligation, which is to offer loans and support productive activities. SPANISH BANK SEEKS TO GAIN FULL CONTROL OVER MEXICAN SUBSIDIARY ... by SourceMex Economic News & Analysis on Mexico			primed primer Primer election Primer seisin primeval primigenial primitive primogenitor primogenitors primogeniture Primogenitus primordial Primum decretum primus Prince princeliness princely princeps principal Principal and Surety principal backer principal character Principal contract principal item principal maintainer Principal obligation principal part principal person principal place of business principal point principal support principal supporter principal sustainer principal thoroughfare principalis principally principia Principia data sequuntur concomitantia Principia probant Principiorum non est ratio principium Principium est potissima pars cujusque rei principle principle of law principle part principled principles principles of government principles of morality print printed			Principal Management Group Inc. Principal Marine Surveyor principal market Principal Markets Principal Members Steering Group Principal meridian Principal meridian principal meridians Principal Military Requirement Principal Mission Element Principal mode Principal mode Principal moment of inertia Principal moment of inertia principal moments Principal moments of inertia Principal moments of inertia Principal Mortgage Insurance Principal Multi-Component Spectral Estimation Principal Name in Microsoft-Standard Form Principal Naval Architect Principal Network Design Engineer Principal Neutralizing Domain Principal Non-Industrial Superannuation Scheme principal normal principal normal indicatrix principal normal section principal nursing officer Principal obligation Principal of a quadric Principal of equivalence Principal of equivalence Principal of relativity Principal of relativity Principal of the Year Principal Office for Asia and the Pacific principal officer Principal Officer Health Liaison Principal Official Responsible for Acquisition Principal Official Veterinary Surgeon Principal Officials Accountability System Principal Only Principal Only Principal Only Principal Only Principal Only principal operational interest Principal Operations Inspector principal optic axis Principal Order Principal Orders Principal Organic Dangerous Constituent Principal Organic Hazardous Constituent Principal Outer Membrane Protein principal parallel Principal part Principal part principal parts Principal Payments

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