Common use of Protected Parties Clause in Contracts

Protected Parties. 12.1 Any of the protected parties may enforce the terms of any provision of this Contract which purports to confer any rights on them, subject to and in accordance with the Contracts (Rights of Third Parties) Xxx 0000. 12.2 The Builder and the Buyer may at any time, by agreement between them, rescind this Contract or vary it without the consent of the protected parties. 12.3 If any protected party becomes entitled to bring a claim against the Builder under or in respect of this Contract, the Buyer shall bring such claim against the Builder on behalf of the relevant protected party. 12.4 If any claim is made against the Builder by the Buyer on behalf of a protected party under Clause 12.3, the Builder shall only have available to it by way of defence any matter that would have been available to it by way of defence if the relevant protected party had been a party to this Contract. 12.5 Save as provided above the operation of the Contracts (Rights of Third Parties) Xxx 0000 is hereby excluded.

Appears in 2 contracts

Samples: Shipbuilding Contract (NCL CORP Ltd.), Shipbuilding Contract (NCL CORP Ltd.)

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Protected Parties. 12.1 Any of the protected parties may enforce the terms of any provision of this Contract which purports to confer any rights on them, subject to and in accordance with the Contracts (Rights of Third Parties) Xxx 0000Act 1999. 12.2 The Builder and the Buyer may at any time, by agreement between agreexxxx xxxween them, rescind this Contract or vary it without the consent of the protected parties. 12.3 If any protected party becomes entitled to bring a claim against the Builder under or in respect of this Contract, the Buyer shall bring such claim against the Builder on behalf of the relevant protected party. 12.4 If any claim is made against the Builder by the Buyer on behalf of a protected party under Clause 12.3, the Builder shall only have available to it by way of defence any matter that would have been available to it by way of defence if the relevant protected party had been a party to this Contract. 12.5 Save as provided above the operation of the Contracts (Rights of Third Parties) Xxx 0000 Act 1999 is hereby excluded.

Appears in 2 contracts

Samples: Shipbuilding Contract (NCL CORP Ltd.), Shipbuilding Contract (NCL CORP Ltd.)

Protected Parties. 12.1 Any of the protected parties may enforce the terms of any provision of this Contract which purports to confer any rights on them, subject to and in accordance with the Contracts (Rights of Third Parties) Xxx Axx 0000. 12.2 The Builder and the Buyer may at any time, by agreement between them, rescind this Contract or vary it without the consent of the protected parties. 12.3 If any protected party becomes entitled to bring a claim against the Builder under or in respect of this Contract, the Buyer shall bring such claim against the Builder on behalf of the relevant protected party. 12.4 If any claim is made against the Builder by the Buyer on behalf of a protected party under Clause 12.3, the Builder shall only have available to it by way of defence any matter that would have been available to it by way of defence if the relevant protected party had been a party to this Contract. 12.5 Save as provided above the operation of the Contracts (Rights of Third Parties) Xxx Axx 0000 is hereby excluded.

Appears in 2 contracts

Samples: Shipbuilding Contract (Norwegian Cruise Line Holdings Ltd.), Shipbuilding Contract (Norwegian Cruise Line Holdings Ltd.)

Protected Parties. 12.1 Any of the protected parties may enforce the terms of any provision of this Contract which purports to confer any rights on them, subject to and in accordance with the Contracts (Rights of Third Parties) Xxx 0000. 12.2 The Builder and the Buyer may at any time, by agreement between them, rescind this Contract or vary it without the consent of the protected parties. 12.3 If any protected party becomes entitled to bring a claim against the Builder under or in respect of this Contract, the Buyer shall bring such claim against the Builder on behalf of the relevant protected party. 12.4 If any claim is made against the Builder by the Buyer on behalf of a protected party under Clause clause 12.3, the Builder shall only have available to it by way of defence any matter that would have been available to it by way of defence if the relevant protected party had been a party to this Contract. 12.5 Save as provided above the operation of the Contracts (Rights of Third Parties) Xxx 0000 is hereby excluded.

Appears in 1 contract

Samples: Shipbuilding Contract (NCL CORP Ltd.)

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Protected Parties. 12.1 Any of the protected parties may enforce the terms of any provision of this Contract which purports to confer any rights on them, subject to and in accordance with the Contracts (Rights of Third Parties) Xxx 0000Act 1999. 12.2 The Builder and the Buyer may at any time, by agreement between agreexxxx xxxween them, rescind this Contract or vary it without the consent of the protected parties. 12.3 If any protected party becomes entitled to bring a claim against the Builder under or in respect of this Contract, the Buyer shall bring such claim against the Builder on behalf of the relevant protected party. 12.4 If any claim is made against the Builder by the Buyer on behalf of a protected party under Clause clause 12.3, the Builder shall only have available to it by way of defence any matter that would have been available to it by way of defence if the relevant protected party had been a party to this Contract. 12.5 Save as provided above the operation of the Contracts (Rights of Third Parties) Xxx 0000 Act 1999 is hereby excluded.

Appears in 1 contract

Samples: Shipbuilding Contract (NCL CORP Ltd.)

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