Common use of Security Increase Required For Touring Clause in Contracts

Security Increase Required For Touring. In the case of touring, the security shall be increased by the equivalent of fourteen (14) days of the Artists' per diem. Letters of Credit may include an expiry date, provided said expiry date occurs at least two (2) months after the close of a season or production. Letters of Credit will be released before expiry if requested, once all contractual obligations to Equity and its members have been met.

Appears in 11 contracts

Samples: Canadian Theatre Agreement, Theatre Agreement, Canadian Theatre Agreement

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