Legal Definitions - co-obligee

A co-obligee is one of two or more individuals or entities who are jointly owed a duty or a performance by another party. In simpler terms, when multiple parties are entitled to receive the same obligation or benefit from someone else, each of those parties is considered a co-obligee.

Here are some examples to illustrate this concept:

• Joint Loan Repayment: Imagine a married couple, Sarah and Tom, jointly lend $10,000 to their friend, Mark, to help him start a small business. Mark signs a promissory note agreeing to repay the full amount to both Sarah and Tom.

  In this situation, Sarah and Tom are co-obligees. Mark's obligation is to repay the $10,000, and he owes this duty jointly to both Sarah and Tom. Neither Sarah nor Tom alone is the sole recipient of the repayment; they both have a right to receive it.

• Contractual Service Delivery: Consider two business partners, Emily and David, who hire a web developer to create a new e-commerce website for their joint venture. The contract states that the developer must deliver the completed website to both Emily and David.

  Here, Emily and David are co-obligees. The web developer has an obligation to build and deliver the website, and this performance is owed to both partners collectively. Both Emily and David have a right to receive the completed website as per the terms of their contract.