Add new 4. The Contractor shall, promptly upon execution of any key subcontract named in the Special Conditions, procure from the key Subcontractor a continuity guarantee in favour of the Principal in the form set out in Schedule 17. No payment otherwise due under the Contract shall become payable until the key Subcontractor has executed the continuity guarantee and the Contractor has delivered the continuity guarantee to the Principal.
Appears in 6 contracts
Samples: Major Works Contract, Major Works Contract, Major Works Contract
