Dodatkowe przykłady dopasowywane są do haseł w zautomatyzowany sposób - nie gwarantujemy ich poprawności.
Any defense allowed to parties of the original contract extend to third party beneficiaries.
There are three tests used to determine whether the third party beneficiary's rights have vested:
The promisee can also sue the promisor for failing to pay the third party beneficiary.
"Pay it forward" is implemented in contract law of loans in the concept of third party beneficiaries.
Time's lawyers argued that the citizens group had no standing to sue as third party beneficiaries of the city's franchise with Manhattan Cable.
In order for a third party beneficiary to have any rights under the contract, he must be an intended beneficiary, as opposed to an incidental beneficiary.
Third party beneficiaries of executory interests cannot alienate them, since the interests are contingent upon a condition subsequent, so the interest is not guaranteed to vest.
In cases where a notary acts as legal advisor to a particular interested party, the advising notary must counsel all parties including third party beneficiaries.
The mechanism for dispute settlement under the Third Party Beneficiary and the role of FAO.
Third Party Beneficiaries and Assignment in: International Encyclopedia of Comparative Law (Vol.
In cases where facts involve third party beneficiaries or debtors to the original contracting party have been allowed to be considered parties for purposes of enforcement of the contract.
The obligations of the mandate or trust power towards those third party beneficiaries may be clarified by the International Court in the pending suit brought by Nauru against Australia.
A third party beneficiary, in the law of contracts, is a person who may have the right to sue on a contract, despite not having originally been an active party to the contract.
An international organisation, for example the United Nations, is a third party to its constitutive treaty, and its officials are third party beneficiaries of the privileges and immunities49 accepted by it on their behalf.
These territories were theoretically viewed as the third party beneficiaries of an international status designed with the objective of promoting international peace and security, as much as for the advancement of the territory and its inhabitants.
In some jurisdictions, specialties have a liability limitation period of double that of a simple contract and allow for a third party beneficiary to enforce an undertaking in the deed, thereby overcoming the doctrine of privity.
Queensland, the Northern Territory and Western Australia have all enacted statutory provisions to enable third party beneficiaries to enforce contracts, and limited the ability of contracting parties to vary the contract after the third party has relied on it.
In general this is still the case, only parties to a contract may sue for the breach of a contract, although in recent years the rule of privity has eroded somewhat and third party beneficiaries have been allowed to recover damages for breaches of contracts they were not party to.
It is important to note, however, that Party C is not a third party beneficiary, because the contract itself was not made for the purpose of benefitting Party C. When an assignment is made, the assignment always takes place after the original contract was formed.
The distinction that creates an intended beneficiary is that one party - called the promisee - makes an agreement to provide some consideration to a second party - called the promisor - in exchange for the promisor's agreement to provide some product, service, or support to the third party beneficiary named in the contract.
Apple's complaint sought a declaratory judgment and injunction based on an alleged breach of contract by Motorola, and alleged that Apple is a third party beneficiary under a patent licensing agreement between Motorola Mobility, Inc. and Qualcomm, Inc., and thus in reliance on that contract.
Therefore, Letter of Credit theoretically fits as a collateral contract accepted by conduct or in other words, an Implied-in-fact contract under the framework for third party beneficiary where the buyer participate as the third party beneficiary with the bank acting as the stipulator and the seller as the promisor.