Nothing in this Policy is intended to confer a direct enforceable benefit on any party other than the Insured and the Insurer, whether pursuant to the Contracts (Rights of Third Parties) Ordinance or otherwise. It is hereby noted and agreed, however, that the Insurer and the Insured in the Schedule alone have the right to amend this Policy by agreement or (if any such rights exist in the Policy) to cancel or terminate the Policy, without giving notice, or requiring the consent of any other person. Where there is more than one Insured named in the Schedule the Insurer and the first named Insured in the Schedule alone shall have the right to amend this Policy by agreement or (if any such rights exist in the Policy) to cancel or terminate the Policy, without giving notice, or requiring the consent of any other person