intended beneficiary

A third-party beneficiary who is intended to benefit from a contract and thus acquires rights under the contract as well as the ability to enforce the contract once those rights have vested.

— Also termed direct beneficiary. Cf. incidental beneficiary. [Cases: Contracts 187(1). C.J.S. Contracts § 602.]

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词条贡献者

双语律师Benita，国际知名法学院金融专业，擅长翻译各类与项目开发及融资相关的法律文件。