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From this it appeared that the father was the principal debtor in the sum of £299.
Here before Caesar stands one of your principal debtors.
It is granted by a third party, in case the principal debtor does not fulfil the obligation of payment of a credit title.
The principal debtors are imprisoned.
The endorsement implies that a third party, known as a surety or guarantor, is jointly liable for the full amount of the debt with the principal debtor.
In the late 1920s, a principal debtor, the Steyr-Werke AG faced financial difficulties, with bad loans leading to a drain on finances.
Here, by contrast, the father was himself to be the principal debtor and the transaction, so far as the plaintiffs were concerned, was to be completed by their solicitors.
There was, therefore, in each case, material from which it was possible to infer that the principal debtor acted as the agent of the creditor in obtaining the security.
There was a substantial issue of fact as to whether or not the elderly parents, who were to be the principal debtors, had received the letters written by the creditor advising them to take independent legal advice.
He said that it was clear that payment by a surety, whether in whole or in part, not only released the surety but also reduced the liability to the creditor of the principal debtor.
It was impossible to get any sort of recent financial statement from the company, and it was equally impossible to track down the principal debtors, who were ducking a host of other creditors as well.
Disproportionate Share Mr. Camdessus pointed out that banks hold 60 percent of the loans to the 15 principal debtors and that industrial governments have absorbed a disproportionate share of new lending.
The reorganized property reopened in 2010 as Moonlight Basin Ranch LP but remains under bankruptcy protection while proceedings are completed in Montana Bankruptcy Court with principal debtor Lehman Brothers Holdings.
If tomorrow I should be informed of the bankruptcy of my principal debtors, the loss of my property would be a great inconvenience to me, perhaps, for many years; but it would leave me as it found me, - neither better nor worse.
It's scant coincidence that a major female character - Daisy, the girlfriend of the principal debtor and card shark Eddie (played by Nick Moran) - never made the final movie, representing cuts of 25 minutes, or, as Mr. Vaughn said, "a chunk."