Contract clause library

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Insurance coverage clause: Copy, customize, and use instantly

Specifies the types and amounts of insurance a party must maintain during the contract.

Triggers consequences if a party fails to meet agreed performance levels.

Sets penalties or interest if payments are made after the due date.

Authorizes when and how new shares can be issued by the company.

Defines the conditions under which shares can be issued.

Requires each party to follow all relevant laws and regulations during the contract.

Governs how rights or responsibilities under the contract can be transferred to others.

Grants the right to inspect facilities or operations at a specific location.

Imposes a fee if a party breaches the agreement or misses a key obligation.

Allows contract terms to adjust based on changes in market conditions.