OBLIGEE Definition Meaning - Merriam-Webster The meaning of OBLIGEE is one to whom another is obligated (as by a contract); specifically : one who is protected by a surety bond How to use obligee in a sentence
obligee | Wex | US Law | LII Legal Information Institute Obligee is a person or entity to whom an obligation is owed It is a term that is often used in contract law An obligee can be a creditor or a promisee For example, in a principal surety relationship, an obligee is the creditor who may enforce payment or performance by either principal or surety
Who is obligor and obligee in simple, clear terms? - CGAA An obligee, on the other hand, is the party who has the right to enforce the obligations or promises made by the obligor They are essentially the beneficiaries of the contract