Examlex
Discuss the importance of reciprocating (or not reciprocating)concessions.
Valid
Having legal force, binding, or enforceable; conforming to the law or to established legal forms and requirements.
Donee Beneficiaries
Individuals or entities intended by the parties in a contract to receive benefits from the agreement's performance without being directly involved in the contract.
Incidental Beneficiaries
Individuals or entities who indirectly benefit from a contract despite not being explicitly mentioned as parties to the contract.
Assignee
An individual or entity to whom rights or interests have been transferred by another party.
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