Common use of ODFI Is A Third-Party Beneficiary Clause in Contracts

ODFI Is A Third-Party Beneficiary. Merchant and TransFirst acknowledge that the ODFI is a third-party beneficiary of this Agreement, and the ODFI has all the rights under this Agreement as if it were a party thereto.

ODFI Is A Third-Party Beneficiary. Merchant and TransFirst TSYS acknowledge that the ODFI is a third-party beneficiary of this Agreement, and the ODFI has all the rights under this Agreement as if it were a party thereto.

ODFI Is A Third-Party Beneficiary. Merchant and TransFirst Company expressly acknowledge and agree that the ODFI is a an express and intended third-party beneficiary of this Agreement, and that the ODFI has all the rights under this Agreement as if it were a party thereto, including, without limitation, the right to enforce any terms of the Agreement or assert claims against Merchant for breach of the Agreement.