FOLIO Ontology

Identification

IRI:
https://folio.openlegalstandard.org/R8VN5tK4TtD0GqDw2NCbaLr
Label Obligee
Preferred Label Covenantee
Identifier N/A
Alternative Labels
Promisee

Definition

An obligee is the party in a legal contract or relationship who is entitled to receive a specified performance or payment from another party, known as the obligor. In various contexts such as contract law, bonds, or loans, the obligee holds the right to claim the fulfillment of the obligation set forth in the agreement.

Class Relationships

Parent Class Of 1

Class Hierarchy Visualization

Interactive graph showing class relationships - click on any node to navigate to that class

Additional Information

Metadata

Comment

None

Description

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Notes

  • None

Editorial Information

History Note

None

Editorial Note

None

Deprecated

No

Source and Origin

No source or origin information available