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Tag: third party beneficiary

Third Party Beneficiary

May 4, 2017 by: Content Team

A third party beneficiary is a person who benefits from a contract that is made between two other people. For example, a third party beneficiary is not a party to the contract himself but receives a benefit once the contract is satisfied. In certain situations, a third party beneficiary is afforded the legal rights necessary to enforce the contract and […]

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