Enforceable Right Sample Clauses
An Enforceable Right clause defines the legal ability of a party to demand performance or exercise a specific entitlement under a contract. In practice, this clause clarifies that certain rights—such as the right to receive payment or to access information—are not merely theoretical but can be upheld in a court of law or through other legal means. By establishing which rights are legally protected and actionable, the clause ensures that parties have clear recourse if obligations are not met, thereby reducing uncertainty and supporting the enforceability of the agreement.
Enforceable Right. 16.1 It is expressly understood that this Agreement is for the sole benefit of CARRIER and SHIPPER and their permitted successors and assigns, and nothing in this Agreement will provide any benefit to any third party or entitle any third party to any claim, cause of action, remedy or right of any kind, it being the intent of the Parties that this Agreement will not be construed as a third-party beneficiary contract.
Enforceable Right. It is expressly understood that the provisions of this Agreement do not impart enforceable rights in anyone who is not a Party or a successor or permitted assign of a Party hereto.