Obligees definition

Obligees means every, Holder of an Obligation.
Obligees means, collectively, Trust Obligee and Corporate Obligee, and each of their permitted successors and assigns.
Obligees means Owner, Lender, Secretary of Housing and Urban Development (“HUD”) and the additional obligee(s), if any, identified in a Rider to this Bond and “Obligee” shall mean any of the Obligees.

Examples of Obligees in a sentence

  • All persons who have supplied or furnished the Principal, its Contractors and/or Subcontractors with labor or materials in the prosecution of the Redeveloper Public Improvements provided for in the Redevelopment Agreement shall have the direct right of action under this bond subject to the Obligee's priority.

  • This Guarantee Agreement shall be construed and enforced in accordance with, and the rights of the Guarantor and the Obligees shall be governed by, the laws of the State of New York excluding choice-of-law principles of the law of such State that would require the application of the laws of a jurisdiction other than such State.

  • This Guarantee Agreement is a continuing guarantee of payment and performance and shall (A) remain in full force and effect until payment in full of the Guaranteed Obligations and all other amounts payable under this Guarantee Agreement, (B) be binding upon the Guarantor, its successors and assigns and (C) inure to the benefit of and be enforceable by the Obligees and their successors, transferees and assigns.

  • It shall not be necessary for any Act of Obligees under this Section to approve the particular form of any proposed Supplemental Indenture, but it shall be sufficient if such Act shall approve the substance thereof.

  • The Indenture Trustee shall have no obligation to determine whether such checks or payments were received by the Obligees.


More Definitions of Obligees

Obligees means every, Holder of a Bond.
Obligees are defined in Section 12.09(e).
Obligees has the meaning set forth in the preamble to this Agreement.
Obligees means each Lender, the Issuing Bank, the Arrangers, the Administrative Agent, the Collateral Agent, the Syndication Agent, the Documentation Agents, each other "Secured Party" as defined in any Collateral Document, each counterparty to an Interest Rate Agreement entered into with the Borrower if such counterparty was a Lender at the time the Interest Rate Agreement was entered into, the beneficiaries of each indemnification obligation undertaken by the Borrower under any Credit Document, and the successors and permitted assigns of each of the foregoing.
Obligees shall have the meaning set forth in Section 5.14.
Obligees means all such Persons, collectively.
Obligees shall include Warrantech Corporation or any other Agent in its individual capacity.