Strike Clause

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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.
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It is also at least part of the reason why the MMSW high command insisted on deleting no strike clauses from all new contracts.
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.