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2. Third-party beneficiary - Wikipedia

   en.wikipedia.org/wiki/Third-party_beneficiary

   A donee beneficiary is when a contract is made expressly for giving a gift to a third party, the third party is known as the donee beneficiary. The most common donee beneficiary contract is a life insurance policy. In the United States, the Restatement (Second) of Contracts, Chapter 6, Sections 133-147, covers third-party beneficiaries. [5]

3. Collateral contract - Wikipedia

   en.wikipedia.org/wiki/Collateral_contract

   A theory sustains that is feasible to typify letter of credit as a collateral contract for a third-party beneficiary because letters of credit are prompted by the buyer’s necessity and in application of the theory of Jean Domat the cause of a letter of credit is that a bank issue a credit in favor of a seller to release the buyer of his ...

4. Letter of credit - Wikipedia

   en.wikipedia.org/wiki/Letter_of_credit

   The beneficiary is the person or company who will be paid under the letter of credit; this will normally be the seller (UCP600 Article 2 defines the beneficiary as "the party in whose favour a credit is issued"). The issuing bank is the bank that issues the credit, usually following a request from an applicant.

5. What happens to your investment accounts after you die? - AOL

   www.aol.com/finance/what-happens-to-investment...

   Many of these issues can be addressed with the use of a trust that can hold assets under the supervision of a third-party trustee for distribution as needed until the beneficiary is competent or ...

6. Privity of contract - Wikipedia

   en.wikipedia.org/wiki/Privity_of_contract

   Third-party insurance - A third party may claim under an insurance policy made for their benefit, even though that party did not pay the premiums. Contracts for the benefit of a group , where a contract to supply a service is made in one person's name but is intended to sue at common law if the contract is breached; there is no privity of ...

7. Assignment (law) - Wikipedia

   en.wikipedia.org/wiki/Assignment_(law)

   An assignment does not necessarily have to be made in writing; however, the assignment agreement must show an intent to transfer rights. The effect of a valid assignment is to extinguish privity (in other words, contractual relationship, including right to sue) between the assignor and the third-party obligor and create privity between the obligor and the assignee.

8. DataMask by AOL End User License Agreement

   help.aol.com/articles/datamask-by-aol-end-user...

   (g) Neither party shall be in default or be liable for any delay, failure in performance or interruption of service resulting directly or indirectly from any cause beyond its reasonable control. (h) SDC Software Inc. shall be deemed a third party beneficiary to this Agreement. 28. USERS OUTSIDE THE U.S.

9. United States trust law - Wikipedia

   en.wikipedia.org/wiki/United_States_trust_law

   Qualified beneficiaries" are defined as a beneficiary who, on the date the beneficiary's qualification is determined: (A) is a distributee or permissible distributee of trust income or principal; (B) would become a distributee or permissible distributee of trust income or principal if a present distributees' interest ended on that date without ...