CONTRACTUAL PREREQUISITES Clause Samples
The "Contractual Prerequisites" clause defines specific conditions or requirements that must be satisfied before certain rights, obligations, or actions under the contract become effective. Typically, this clause outlines steps such as obtaining necessary approvals, providing documentation, or completing preliminary tasks before a party is obligated to perform. For example, a party may need to secure regulatory permits or deliver proof of insurance before work can commence. The core function of this clause is to ensure that all necessary groundwork is completed and risks are minimized before contractual duties are triggered, thereby protecting both parties from premature or unprepared performance.
CONTRACTUAL PREREQUISITES. 7.1. This Agreement must first be approved as to form by the City Attorney, then executed by the CONTRACTOR, after which the Agreement may be executed by an authorized person on behalf of the CITY.
7.2. A request for modification of the terms herein must be made in writing and presented to the Designated Representative of the CITY prior to the time this Agreement is executed.
7.3. All proof of business license, insurance, and W-9 forms is required prior to execution of this Agreement.