Common use of Third-Party Benefit Clause in Contracts

Third-Party Benefit. Except where specifically provided otherwise, rights under a Transaction Document only accrue to a Person who is a party to such Transaction Document, and accordingly a Person who is not a party to a Transaction Document shall have no rights under section 328 (Vertrag zugunsten Dritter) of the German Civil Code to enforce any term of any Transaction Document.

Appears in 9 contracts

Samples: www.vwfs.com, www.vwfs.com, www.vwfs.com

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