Common use of Contract Performance Security Clause in Contracts

Contract Performance Security. If CoastalNRM terminates this Agreement, the Contract Performance Security will only be returned to the Contractor if the termination is occasioned by an Act of God, unsuitable weather, natural disaster, withdrawal of labour in labour disputes, or any other unforseeable cause clearly beyond the control of the Contractor.

Appears in 4 contracts

Samples: Operational Services Contract, Operational Services Contract, Operational Services Contract

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!