Sales Contract Third Party Role Usage

Summary:

Sales Contract Third Party Role Usage Regarding, Our customer are asking to use the "Third Party" Role under Contract's (Object) parties tab.

Content (please ensure you mask any confidential information):

Can we use the "Third Party" Role for customer contracts? If yes, what are the pros & cons for the "Third Party" role?

Version (include the version you are using, if applicable):

24B

Code Snippet (add any code snippets that support your topic, if applicable):