obligee

noun

1. Law.
   1. a person to whom another is obligated or bound.
   2. a person to whom a bond is given.
2. a person who is under obligation for a favor, service, or benefit.

noun

1. a person in whose favour an obligation, contract, or bond is created; creditor
2. a person who receives a bond

n.“person to whom another is bound by contract,” 1570s, from oblige + -ee.