obligee
pronunciation
How to pronounce obligee in British English:
UK [ˌɒblɪ'dʒi:]
How to pronounce obligee in American English:
US [ˌɒblɪ'dʒi]
Word Origin
- obligee (n.)
- "person to whom another is bound by contract," 1570s, from oblige + -ee.
Example
- 1. Escrow expenses shall be borne by the obligee .
- 2. The fruits of the subject matter accrued during escrow belong to the obligee .
- 3. Obtaining an obligee 's business secrets by stealing , luring , coercion or any other illegitimate means .
- 4. Any other circumstance seriously impacting the realization of obligee 's rights .
- 5. Article 80 an obligee assigning its rights shall notify the obligor .