<i>This article begins a feature that periodically will examine a specific section or clause in the Uniform Franchise Offering Circular (UFOC).</i> In a UFOC, a typical third-party beneficiary clause reads like this: "No third-party beneficiaries. Nothing in this Agreement is intended, nor will be deemed, to confer rights or remedies upon any person or legal entity not a party to this Agreement."
Peter C. LagariasThis article begins a feature that periodically will examine a specific section or clause in the Uniform Franchise Offering Circular (UFOC).
In a UFOC, a typical third-party beneficiary clause reads like this: “No third-party beneficiaries. Nothing in this Agreement is intended, nor will be deemed, to confer rights or remedies upon any person or legal entity not a party to this Agreement.”
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