Pegging Clause Samples
The Pegging clause establishes a mechanism for linking the value of a contract term, such as price or payment, to an external reference or index. In practice, this means that the amount due under the contract may fluctuate in accordance with changes in a specified benchmark, such as a currency exchange rate, commodity price, or published financial index. This clause is commonly used in contracts where market volatility could significantly impact the value exchanged, ensuring that payments remain fair and reflective of current market conditions. Its core function is to provide a transparent and objective method for adjusting contractual obligations, thereby reducing disputes and managing risk related to market fluctuations.
Pegging. Set out the tower centres line pegs only and read levels for foundation schedules.
Pegging. After compaction tests by design, place setting out pegs & check earth work & drainage levels.
Pegging. The keyholder will peg the slave with a strapon while using a generous amount of lubricant.
Pegging. Peg tower legs and reference pegs.
Pegging. The Contractor shall supply - to banks.
Pegging. Unless otherwise stated, the hirer is responsible for any loss costs or damages to underground services. It is the hirers responsibility to notify Go Hire Australia Pty Ltd of location of any underground services prior to any installation.