Common use of RIGHT OF THIRD Clause in Contracts

RIGHT OF THIRD. PARTIES Unless expressly provided to the contrary in this PO, no party other than DBS and Vendor shall be entitled to enforce any of the terms of the PO under the Contracts (Rights of Third Parties) Ordinance (Cap 623) and notwithstanding any term of this PO, the consent of any third party is not required for any variation (including any release or compromise of any liability), recission or termination of this PO.