In Lieu Of Sample Clauses
The "In Lieu Of" clause allows one party to substitute a specified action, payment, or obligation for another that would otherwise be required under the contract. For example, instead of delivering a particular product, a party might be permitted to provide a cash payment or an alternative item of equivalent value. This clause provides flexibility in fulfilling contractual obligations, helping parties adapt to changing circumstances or unforeseen difficulties while still meeting the contract's overall intent.
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In Lieu Of. On a case-by-case basis, in lieu of suspending a contract in whole, the Board may suspend a contract in part so that an individual is required to work a percentage of the time the employee otherwise is required to work under the contract and receives a commensurate percentage of the full compensation the employee would receive under the contract.