THIRD PARTY RIGHT. 30.1 Without prejudice to Clause 30.3, a person who is not a party to this Agreement has no right under the Contracts (Rights of Third Parties) Ordinance (Cap. 623 of the Laws of Hong Kong) (the “Third Parties Ordinance”) to enforce or to enjoy the benefit of any term of this Agreement. 30.2 Notwithstanding any provision contained herein, the consent of any person who is not a party to this Agreement is not required to rescind or vary this Agreement at any time. 30.3 Any director, officer, employee, affiliate or agent of CAL may, by virtue of the Third Parties Ordinance, rely on any provision herein (including without limitation any indemnity, limitation or exclusion of liability) which expressly confers rights or benefits on that person.
Appears in 8 contracts
Samples: Cash/Custodian Client’s Agreement, Cash/Custodian Client’s Agreement, Cash/Custodian Client's Agreement
