| Under the agreement for the construction work, the obligee is liable to pay for the work. |
| An example would be when a third party gives a bank a promissory note for the payment of the obligor's debt, which the bank, as obligee, accepts. |
| If the condition were to enfeoff the obligee of all his lands in the county, in an action of debt he could say that he had no land within the same county. |
| Rather, the relationship between me and my obligee is fundamental to any explanation of my special obligations to that obligee. |
| It is a three-party agreement between the principal, the obligee and the surety. |
| The Contract required Company B to purchase a performance bond identifying Company A as the obligee. |
