RIGHT OF THIRD Sample Clauses

The "Right of Third" clause grants certain rights or benefits under a contract to a third party who is not one of the original signatories. In practice, this means that a person or entity not directly involved in the agreement may be able to enforce specific terms or receive benefits if the contract explicitly allows it. This clause is commonly used to ensure that third parties, such as beneficiaries or subcontractors, can claim rights or protections intended for them, thereby clarifying their legal standing and reducing disputes over enforceability.
RIGHT OF THIRD. PARTIES Unless expressly provided to the contrary in this PO, no party other than DBS and Vendor shall be entitled to enforce any of the terms of the PO under the Contracts (Rights of Third Parties) Ordinance (Cap 623) and notwithstanding any term of this PO, the consent of any third party is not required for any variation (including any release or compromise of any liability), recission or termination of this PO.
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RIGHT OF THIRD. PARTIES Unless expressly stated no party other than DBSI and Vendor shall be entitled to enforce the terms and conditions of the PO, and any law purporting to grant such rights to third parties shall be excluded to the furthest extent permissible.
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RIGHT OF THIRD. Parties to Rely on the Power and Authority of the Portfolio Manager................................................ 9 18.
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RIGHT OF THIRD. Parties to Rely on the Power and Authority of the Portfolio Manager. Notwithstanding anything to the contrary contained herein, any actions or omissions by relating to the subject matter of this Agreement may be relied upon by any third party as binding upon the Master Fund.
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Related to RIGHT OF THIRD

  • Rights of Third Parties A person who is not a Party to this Agreement has no right under the Contracts (Rights of Third Parties) ▇▇▇ ▇▇▇▇ to enforce any term of this Agreement. This clause shall not affect any right or remedy of a third party which exists or is available apart from that Act.

  • Right of Use 8.1 Unless otherwise stated in Appendix 7, the Customer may only use the released material for his own purposes and only to the extent that it is necessary to maintain and further develop the program’s functions as it can be considered guaranteed and assumed in the protected agreement, cf. Appendix 2.

  • Protection of Third Parties No person (including a purchaser) dealing with the Agent or a Receiver or its or his agents will be concerned to enquire: (a) whether the Secured Liabilities have become payable; (b) whether any power which the Agent or a Receiver is purporting to exercise has become exercisable or is being properly exercised; (c) whether any money remains due under the Finance Documents; or (d) how any money paid to the Agent or to that Receiver is to be applied.

  • Failure of Third Parties The failure of any third party including: (a) any issuer of Investments or Book-Entry Agent or other agent of an issuer; (b) any counterparty with respect to any Investment, including any issuer of exchange-traded or other futures, option, derivative or commodities contract; (c) failure of an Investment Advisor, foreign custody manager or other agent of the Fund; or (d) failure of other third parties similarly beyond the control or choice of the Custodian.

  • THE CONTRACTS (RIGHTS OF THIRD PARTIES ACT 1999