Examlex
The potential for conflict increases when too much communication takes place.
Delayed Opening
A situation where the start of something, such as a business day or event, is postponed from its scheduled time.
Timely Performance
Executing or completing a task or duty within the allocated or agreed upon time frame.
Liquidated Damages Clause
A contract provision that establishes a predetermined amount of damages to be paid if one of the parties breaches the contract.
Material Breach
A violation of a contract's terms that is so substantial it fundamentally disrupts the contract's purpose, allowing the other party to terminate the agreement.
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