Obligee definition

Obligee means the Person to whom an Obligor is indebted under a Contract.

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Obligee means an individual, this state, another state, or another comparable jurisdiction to whom child support is owed or who is entitled to reimbursement of child support or public assistance.

Obligee means a person, including a state or political subdivision, to whom a duty of support is owed or a person, including a state or political subdivision, who has commenced a proceeding for enforcement of an alleged duty of support or for registration of a support order. It is immaterial if the person to whom a duty of support is owed is a recipient of public assistance.

Examples of Obligee in a sentence

• This Financial and Performance Guarantee Bond is being issued in connection with a Purchase Power Agreement, dated , between Principal and Obligee (referred to as the "Agreement").

• In the event any sale hereunder is not completed or is defective in the opinion of Obligee, such sale shall not exhaust the power of sale hereunder and Obligee shall have the right to cause a subsequent sale or sales to be made hereunder.

• The power of sale granted herein shall not be exhausted by any sale held hereunder by the Trustee or his substitute or successor, and such power of sale may be exercised from time to time and as many times as Obligee may deem necessary until all of the Real Property has been duly sold and all secured obligations has been fully paid.

• Any sale made by the Trustee hereunder may be as an entirety or in such parcels as Obligee may request, and any sale may be adjourned by announcement at the time and place appointed for such sale without further notice except as may be required by law.

• The taking of additional security by Obligee shall not release or impair the lien, security interest or other security rights of Obligee hereunder or affect the liability of Grantor or of any endorser or guarantor or other surety or improve the right of any permitted junior lienholder in the Property.

More Definitions of Obligee

Obligee means any of the following:

Obligee means (i) an individual to whom a duty of support is or is alleged to be owed or in whose

Obligee or "person entitled" means:

Obligee means a parent or another natural person legally entitled to receive a support payment on behalf of a child.

Obligee means 1 or more of the following:

Obligee means any bondholder or agent or trustee for any bondholder or lessor conveying to

Obligee means the person who is entitled to receive the support payments under a support order.