Common use of Beneficiary Conduct Clause in Contracts

Beneficiary Conduct. Any (a) insolvency and/or financial default of any Beneficiary, and (b) dishonest, fraudulent, or criminal act of any Beneficiary or its employees, directors, officers, or agents that materially impairs, hinders, delays, or increases the costs of Production and Delivery.

Beneficiary Conduct. Any (a) insolvency and/or financial default of any Beneficiary, and (b) dishonest, fraudulent, fraudulent or criminal act of any Beneficiary or its employees, directors, officers, or agents that materially impairs, hinders, delays, delays or increases the costs of Production and Delivery.

Beneficiary Conduct. Any (a) insolvency and/or financial default of any Beneficiary, and or (b) dishonest, fraudulent, fraudulent or criminal act of any Beneficiary or its employees, directors, officers, officers or agents that materially impairs, hinders, delays, hinders or increases the costs of delays Production and Delivery.

Beneficiary Conduct. Any (a) insolvency and/or financial default of any Beneficiary, and (b) dishonest, fraudulent, fraudulent or criminal act of any Beneficiary or its employees, directors, officers, officers or agents that materially impairs, hinders, delays, delays or increases the costs of Production and Delivery.. A RTICLE 8 - INSURANCE AND LOSS RECOVERY

Beneficiary Conduct. Any (a) insolvency and/or financial default of any Beneficiary, and or (b) dishonest, fraudulent, fraudulent or criminal act of any Beneficiary or its employees, directors, officers, officers or agents that materially impairs, hinders, delays, hinders or increases the costs of delays Production and Delivery.. A RTICLE 8 - INSURANCE AND LOSS RECOVERY