noun
- plural of obligee; persons to whom others are bound by legal or contractual obligations
Usage: legal
Examples
- The obligees filed a lawsuit when the contract was breached.
- Under the bond agreement, the obligees have the right to collect damages.
- The court ruled in favor of the obligees in the contract dispute.
- All obligees must be notified before any changes to the agreement.
- The insurance company acts as surety to protect the obligees.
- The obligees demanded immediate payment of the outstanding debt.