Strike Clause

Strike Clause

A clause in a contract allowing a seller or shipper to delay delivery of a good if a strike or other collective action makes on-time delivery impossible. This reduces the risk that the seller or shipper may breach the contract due to circumstances beyond its control.
Mentioned in ?
References in periodicals archive ?
I offer my respect to the retained stations' staff who quite rightly incorporated a no strike clause in their contracts.
As it expanded, NALGO became an increasingly assertive and militant union, engaging in national collective bargaining after World War II, putting a strike clause in its rule book in 1961, affiliating with the Trades Union Congress in 1965, and calling strikes in the 1970s.
No wonder the Government is considering a No Strike clause for workers in vital services.
"It is quite clear from the proposed Bill that what would effectively be a no strike clause would effect all the public sector and quite a lot of the private sector."
PKTCL offers cargo coverage as per Institute Cargo Clauses A/B/C with the optional extensions of Institute War and Strike Clauses (Cargo).
Many of the companies have no strike clauses in their contracts but still plan to stage walk-outs.