incidental third-party beneficiary
- Same as incidental beneficiary.
Ballentine's law dictionary. Anderson, W.S.. 1998.
Look at other dictionaries:
third-party beneficiary — A person who is not a party to a contract, but has legal rights to enforce the contract or share in proceeds because the contract was specifically intended for that person s benefit. For example, a grandparent contracts to buy a car for a… … Law dictionary
Third party beneficiary — 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 a party to the contract. This right arises where the third party is the intended beneficiary of the… … Wikipedia
Third Party Beneficiary — A person who will benefit from a contract made between two other parties. This third party beneficiary was not a party to the contract itself, but if the contract is fulfilled, the third party stands to realize a benefit. Under certain… … Investment dictionary
third party — One not a party to an agreement, a transaction, or an action but who may have rights therein. See also party privity @ third party action A proceeding distinct from the main action. It is in the nature of an indemnity or contribution, the purpose … Black's law dictionary
beneficiary — ben·e·fi·cia·ry /ˌbe nə fi shē ˌer ē, fi shə rē/ n pl ries: a person or entity (as a charity or estate) that receives a benefit from something: as a: the person or entity named or otherwise entitled to receive the principal or income or both from … Law dictionary
incidental beneficiary — see beneficiary d Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. incidental beneficiary n. A person who is … Law dictionary
beneficiary — /benafish(iy)ary/ One who benefits from act of another. A party who will benefit from a transfer of property or other arrangement. Examples include the beneficiary of a trust, the beneficiary of a life insurance policy, and the beneficiary of an… … Black's law dictionary
incidental beneficiary — Person who may derive benefit from performance of contract, though he is neither the promisee nor the one to whom performance is to be rendered. Salzman v. Holiday Inns, Inc., 48 A.D.2d 258, 369 N.Y.S.2d 238, 242. A person who is a donee or… … Black's law dictionary
beneficiary — /ben euh fish ee er ee, fish euh ree/, n., pl. beneficiaries. 1. a person or group that receives benefits, profits, or advantages. 2. a person designated as the recipient of funds or other property under a will, trust, insurance policy, etc. 3.… … Universalium
Specific performance — is an order of a court which requires a party to perform a specific act, usually what is stated in a contract. It is an alternative to award/ for awarding damages, and is classed as an equitable remedy commonly used in the form of injunctive… … Wikipedia