Claim: Ilkhanate was founded as a political entity ruled by a Khan or Khagan.
Evidence: The Ilkhanate , also spelled Il-khanate -LRB- ایلخانان , Ilkhānān ; Хүлэгийн улс , Hulagu-yn Ulus -RRB- , was established as a khanate that formed the southwestern sector of the Mongol Empire , ruled by the Mongol House of Hulagu.
Khanate or Khaganate is a political entity ruled by a Khan or Khagan.