Clause 93. 6.1 will not come into effect:
Clause 93 Sample Clauses
Related to Clause 93
Clause 1 Purpose and scope
Clause 4 1.1 of the Agreement is hereby amended and restated in its entirety as follows:
Clause No Descriptor Applied Not used
CLAUSE A. The work to be performed under this contract is subject to the requirements of Section 3 of the Housing and Urban Development Act of 1968, as amended, 12 U.S.C. § 1701u (Section 3). The purpose of Section 3 is to ensure that employment and other economic opportunities generated by HUD assistance or HUD- assisted projects covered by Section 3, shall, to the greatest extent feasible, be directed to low- and very low-income persons, particularly persons who are Subrecipients of HUD assistance for housing.
Clause 3 Third-party beneficiaries
Clause 6 Contract agreement The contractor shall, when called upon so to do by the Engineer-in-charge enter into and execute a contract agreement in the form annexed. Clause 7: Performance security In every case where performance security has been provided, as specified in item (h) of Memorandum of Work, contractor shall furnish/maintain the performance security for the extended period of completion under Clause 37 of the Agreement. All compensations or the sums of money payable by the contractor under the terms of this contract may be deducted from or paid by the sale of sufficient part of his performance security, and in the event of his performance security reduced by reason of any such deduction or sale as aforesaid the contractor shall within ten days thereafter make good in cash or other securities as aforesaid any sum or sums which may have been deducted from, or raised by sale of performance security or any part thereof. The performance security deposit / additional performance security deposit lodged by a contractor (in cash or/other form) shall be refunded to him after the expiry of three months after the issue of the certificate of completion of the work under Clause 40 hereof by the Engineer-in-charge or along with the final bill if it is prepared after that period on account of some unavoidable circumstances. Clause 8:
Paragraph (c) of sub‑clause (1) of clause 8 is amended by adding thereto a new paragraph as follows:
Section 3.4 24 Each employee reserves and retains the right to delegate any right or duty contained in this Agreement, 25 exclusive of compensation for services rendered, to appropriate officials of the Association.
Section 10.10 Trust Indenture Act; Conflict with Trust Indenture Act................................54
Section 17.4 18 If any provision of this Agreement or the application of any such provision is held invalid, the 19 remainder of this Agreement shall not be affected thereby.
