incidental third-party beneficiary

incidental third-party beneficiary
Same as incidental beneficiary.

Ballentine's law dictionary. . 1998.

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  • 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

  • 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

  • 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

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