Common use of Third Party Beneficiary to the Agreement Clause in Contracts

Third Party Beneficiary to the Agreement. In the United States (Territory) Processor and Bank are direct and intended third party beneficiaries to the Agreement, and may enforce their rights (i.e., confidentiality, indemnification, liability limitations, compliance, and data security, and third party fees) directly against Merchant without objection based on lack of privity or any similar claim.

Appears in 4 contracts

Samples: Sub Merchant Processing Agreement, Merchant Services Agreement for Sub, Merchant Services Agreement for Sub

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