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Obligee
(redirected from obligees)

    Also found in: Dictionary/thesaurus 0.04 sec.

The individual to whom a particular duty or obligation is owed.

The obligation might be to pay a debt or involve the performance or nonperformance of a particular act.

The term obligee is often used synonymously with creditor.

obligee (ah-bluh-jee) n. the person or entity to whom an obligation is owed, like the one to be paid on a promissory note.
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What is unfortunately certain is that landlords and obligees under guaranties and other contracts will have to consider carefully the impact of allowing a default to be cured rather than immediately exercising all rights available at the time, including immediately engaging outside counsel and perhaps commencing litigation as a defensive measure prior to any resolution of defaults.
Nothing in life is guaranteed: implied waiver of a written guaranty by Gilbert, Adam B. / Real Estate Weekly
854: "Princesses qui sont par leur condition obligees au soin, a la cognoissance, a la suffisance, aux gestions et auctoritez des hommes.
Shouting down Abraham: how sixteenth century Huguenot Women found ... by Randall, Catharine / Renaissance Quarterly
25 in place of a dividend is expected to be paid to the shareholders in cash by the end of June 2006 after expiration of the legally prescribed notice to obligees.
Clariant Shareholders Vote in Favor of All Resolutions by Business Wire
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