Common use of Intended Third Party Beneficiary Clause in Contracts

Intended Third Party Beneficiary. If a natural person receives the Product as a gift from the original purchaser of the Product and this person is not a party to this Agreement, this person is an intended third-party beneficiary under this Agreement. If a natural person is in the family or household of his/her purchaser of Product, it is reasonable to expect that such person may use, consume, or be affected by the Product. This person is not a party to this Agreement. This person is an intended third-party beneficiary under this Agreement.

Appears in 5 contracts

Samples: Binding Legal Agreement, Binding Legal Agreement, Binding Legal Agreement

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Intended Third Party Beneficiary. (a) If a natural person receives the a Product that is new as a gift from the its original purchaser of the Product and this person is recipient does not become a party to this Agreement, this person is recipient shall be deemed as an intended third-party beneficiary under to this Agreement. (b) If (i) a natural person is in the family or household of his/her a purchaser of Product, (ii) it is reasonable to expect that such person may use, consume, or be affected by the Product. This , and (iii)this person is not a party to this Agreement. This , this person is shall be deemed as an intended third-party beneficiary under to this Agreement.

Appears in 3 contracts

Samples: Binding Legal Agreement, Arbitration Agreement, Arbitration Agreement

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