Learn English – How to derive a noun from “up-to-date”

What is the status of your device?

Might result in a few answers, among which are:

The device is currently enabled.

The device is currently disabled.

That party is quite often referred to as the contractee

Project owner (also called client or principal) or other entity that enters into a contract with a contractor or vendor and receives specified goods and/or services under the terms of the contract (such as a purchase order).

The verbiage, "hereinafter referred to as the 'Contractee'” is often found in legal docments.
Here's an example document using that terminology.