Common use of Act of God or Force Majeure Clause in Contracts

Act of God or Force Majeure. 17.1 Neither of the Parties may be imputed failure to execute an obligation or for its partial, late or defective compliance with same during the period while such Party is affected by an Act of God or Force Majeure, provided it accredits such cause prevented it from complying.

Appears in 2 contracts

Samples: License Agreement (BPZ Resources, Inc.), License Agreement (BPZ Resources, Inc.)

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Act of God or Force Majeure. 17.1 Neither of the Parties may Party shall be imputed liable for failure to execute comply with an obligation obligation, or for its partial, late later or defective compliance with same therewith, during the any period while such in which that Party is affected by an Act of God or Force Majeure, provided it accredits such cause can prove that Act of God or Force Majeure has prevented it from complyingdue compliance.

Appears in 2 contracts

Samples: resourcegovernance.org, Navidec Inc

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