Contract Splitting Sample Clauses
The Contract Splitting clause allows a larger contract to be divided into multiple smaller, separate agreements. This can be used when different parts of a project need to be managed independently, or when various deliverables require distinct terms, timelines, or parties. By enabling the separation of obligations and responsibilities, this clause helps clarify accountability, streamline project management, and reduce the risk of disputes arising from overlapping or conflicting contract terms.
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Contract Splitting. It is unlawful to split, or separate into small portions, work orders, projects, purchases, or public works projects for the purpose of evading these prevailing wage requirements.
Contract Splitting. Immediately following the Closing, CAK and Seller shall use their best efforts to obtain the agreement of (i) Kais▇▇ ▇▇▇minum & Chemical Corporation ("Kaiser") to split the Alumina Supply Agreement, dated as of December 18, 1997 between Kaiser and Southwire, as amended by Amendment Number 1, dated October 26, 1998, which will be assigned by Southwire to CAK at the Southwire Closing, into two separate contracts, one with NSA and the other with Buyer (or an Affiliate thereof), based on their respective pro rata share of the Business, and (ii) Southwire to split the Aluminum Supply Agreement entered into as of the Southwire Closing date (the "Aluminum Supply Agreement") between Century and Southwire, into two separate contracts, the first with NSA with respect to the production and sale of, the premium molten aluminum, meeting the standard set forth on Exhibit A to the Aluminum Supply Agreement and the second with Buyer (or an Affiliate thereof) with respect to the production and sale of aluminum meeting the P1020A Standard (as such term is defined in the Aluminum Supply Agreement). To the extent the split of the Aluminum Supply Agreement does not reflect the parties respective pro rata share of the Business, they shall make an annual adjustment to reflect their intention to share the economic burden and benefit of the Aluminum Supply Agreement based on their pro rata share of the Business.