/ˈkʌvənənti/ – noun
Definition: 1. chủ nợ theo hợp đồng có đóng dấu;
2. người được cam kết.
A more thorough explanation: A covenantee is a party who benefits from a covenant, which is a legally binding agreement or promise between two or more parties. The covenantee is the party to whom the covenant is made and who has the right to enforce the terms of the covenant.
Example: The covenantee in the contract is entitled to enforce the terms and conditions agreed upon by both parties.