The Frustration of Purpose Clause allows your group to terminate the contract without penalty when unforeseen events disrupt the core purpose of the agreement, even if the venue is still operational. This clause protects you when the event’s goal is rendered meaningless—whether due to government regulations, legal changes, or other external factors. It ensures both parties can exit the contract and receive a full refund without further obligations, making it a vital tool for mitigating risks in unpredictable circumstances.