Common use of Reliance on Terms Clause in Contracts

Reliance on Terms. 21.1 The provisions of this Agreement are agreed to for the benefit of the Merchant, the Facilitator, Retail Capital and the Acquirers and, notwithstanding the fact that the Acquirers and Facilitator are not party to this Agreement, it may rely upon the terms of this Agreement and raise them as defences in any action or application.

Reliance on Terms. 21.1 The provisions of this Agreement are agreed to for the benefit of the Merchant, the Facilitator, Retail Capital and the Acquirers and, notwithstanding the fact that the Acquirers and Facilitator are not party to this Agreement, it may rely upon the terms of this Agreement and raise them as defences defenses in any action or application.

Reliance on Terms. 21.1 15.1. The provisions of this Agreement are agreed to for the benefit of the Merchant, the Facilitator, Retail Capital and the Acquirers and, notwithstanding the fact that the Acquirers and Facilitator are not party to this Agreement, it may rely upon the terms of this Agreement and raise them as defences in any action or application.