obligee

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Obligee

The party to an agreement to whom an obligation is owed. An obligation is a requirement, especially a legal one. For example, an investor may have a legal obligation to disclose his/her investments to the SEC. In this circumstance, the obligee is the SEC. See also: Obligor.

obligee

A party to whom an obligation is owed.A lender is an obligee.
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Instead of having a line of different colour buildings and homes that are eyesores, we will now have a colour code that would oblige people moving into a new neighbourhood to follow," said Mr Al Ghatam.
The rules will also oblige banks to reimburse depositors whose savings were withdrawn with stolen bankbooks, the sources said.
If they fail to agree, the legislation has a fall-back position which obliges the employer to tell staff about the company's "activities and economic situation", and consult them on employment issues and "major changes in work organisation or contractual relations.