Why Aluminum Cans? Recently, the 2010 aluminum can recycling rate was announced. Americans recycled approximately 56 billion aluminum cans last year, increasing the recycling rate to 58 percent â saving the energy equivalent of 17 million barrels of crude oil, or nearly two days of all U.S. oil imports.
Search Legal Terms and Definitions. subrogee. n. the person or entity that assumes the legal right to attempt to collect a claim of another (subrogor) in return for paying the other's expenses or debts which the other claims against a third party.
The obligee is the party requiring the protection of the surety bond. Typically, the obligee is a government agency regulating the industry. For example, in the case when the bond is required in order to obtain a license or permit, the obligee is the party granting the license or permit to the principal.