Additional deferral limits Sample Clauses
The 'Additional deferral limits' clause sets boundaries on how much or how long certain obligations, such as payments or deliveries, can be postponed beyond standard terms. In practice, this clause might specify a maximum number of days a party can delay a payment or restrict the total amount that can be deferred at any one time. Its core function is to prevent excessive or indefinite postponement, thereby ensuring predictability and protecting parties from undue financial or operational risk.
Additional deferral limits. Regardless of the above limits, the following apply (select all that apply):
