Administrator not liable for obligations. If an Administrator is rendered unable to carry out its obligations under this Agreement by electricity power-cuts, computer software, hardware or system failure (excluding a failure of its own IT systems), strikes, lock-outs, sit-ins, industrial disturbances, earthquakes, storms, fire, flood, acts of God, insurrections, riots, epidemics, war, civil disturbances, governmental directions or regulations, in each case to the extent these are beyond such Administrator's control, or any other circumstances beyond its control (each "Force Majeure Events"), such Administrator shall not be liable for any failure to carry out its obligations under this Agreement which are affected by the event in question and, for so long as such circumstances continue, shall be relieved of its obligations under this Agreement which are affected by the event in question without liability provided that this Clause 22.1 shall not apply if any such event arose as a result of the fraud, gross negligence or wilful default of such Administrator.
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Samples: Paragon Mortgages
Administrator not liable for obligations. If an Administrator is rendered unable to carry out its obligations under this Agreement by electricity power-cuts, computer software, hardware or system failure (excluding a failure of its own IT systems), strikes, lock-outs, sit-ins, industrial disturbances, earthquakes, storms, fire, flood, acts of God, insurrections, riots, epidemics, war, civil disturbances, governmental directions or regulations, in each case to the extent these are beyond such Administrator's control, or any other circumstances beyond its control (each "Force Majeure Events"), such Administrator shall not be liable for any failure to carry out its obligations under this Agreement which are affected by the event in question and, for so long as such circumstances continue, shall be relieved of its obligations under this Agreement which are affected by the event in question without liability provided that this Clause 22.1 23.1 shall not apply if any such event arose as a result of the fraud, gross negligence or wilful default of such Administrator.
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Samples: Administration Agreement
Administrator not liable for obligations. If an the Administrator is rendered unable to carry out its obligations under this Agreement by electricity power-cuts, computer software, hardware or system failure (excluding a failure of its own IT systems), strikes, lock-outs, sit-ins, industrial disturbances, earthquakes, storms, fire, flood, acts of God, insurrections, riots, epidemics, war, civil disturbances, governmental directions or regulations, in each case to the extent these are beyond such the Administrator's control, or any other circumstances beyond its control (each "Force Majeure Events")control, such the Administrator shall not be liable for any failure to carry out its obligations under this Agreement which are affected by the event in question and, for so long as such circumstances continue, shall be relieved of its obligations under this Agreement which are affected by the event in question without liability provided that this Clause 22.1 clause shall not apply if any such event arose as a result of a Breach of Duty on the fraudpart of the Administrator or its subcontractors or delegates (and their respective directors, gross negligence or wilful default of such Administratorofficers and employees).
Appears in 1 contract
Samples: Administration Agreement
Administrator not liable for obligations. β If an Administrator is rendered unable to carry out its obligations under this Agreement by electricity power-cuts, computer software, hardware or system failure (excluding a failure of its own IT systems), strikes, lock-outs, sit-ins, industrial disturbances, earthquakes, storms, fire, flood, acts of God, insurrections, riots, epidemics, war, civil disturbances, governmental directions or regulations, in each case to the extent these are beyond such Administrator's control, or any other circumstances beyond its control (each "Force Majeure Events"), such Administrator shall not be liable for any failure to carry out its obligations under this Agreement which are affected by the event in question and, for so long as such circumstances continue, shall be relieved of its obligations under this Agreement which are affected by the event in question without liability provided that this Clause 22.1 shall not apply if any such event arose as a result of the fraud, gross negligence or wilful default of such Administrator.
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