Common use of Obligee Clause in Contracts

Obligee. The Department shall be named as the beneficiary of the bond. The insurer or bonding company shall pay losses suffered by the state of Florida directly to the Department.

Appears in 4 contracts

Sources: Independent Benefits Consulting Services Contract, Contract, Contract for Independent Benefit Consulting, Actuarial and Auditing Services

Obligee. The Department shall be named as the beneficiary of the bond. The insurer or bonding company shall pay losses suffered by the state State of Florida directly to the Department.

Appears in 1 contract

Sources: Employee Assistance Plan Benefit and Services Contract