TRAMPOLINE Sample Clauses

The TRAMPOLINE clause establishes the conditions under which a party may temporarily suspend or defer certain obligations or actions within a contract, typically to allow for a specific event or requirement to be fulfilled before proceeding. In practice, this clause might be used to pause performance deadlines until a regulatory approval is obtained or a third-party action is completed. Its core function is to provide flexibility and prevent parties from being penalized or held in breach due to circumstances outside their immediate control, thereby ensuring fairness and adaptability in contract execution.