Common use of Posting of Security Clause in Contracts

Posting of Security. ‌ The Engager shall be ineligible to engage Equity Artists unless and until the Engager shall have furnished security as required in Clause 25:01 to ensure the payment of claims arising from unpaid benefits and fees (including but not limited to fees, additional services, per diem, and transportation) as well as any claim arising from the provisions of Article 48:00 Arbitration.

Posting of Security. ‌ The Engager shall be ineligible to engage Equity Artists unless and until the Engager shall have furnished security as required in Clause 25:01 to ensure the payment of claims arising from unpaid benefits and fees (including but not limited to fees, additional services, per diem, and transportation) as well as any claim arising from the provisions of Article 48:00 (Arbitration).