Allocation of costs arising out of Force Majeure Sample Clauses

Allocation of costs arising out of Force Majeure. 11.7.1 Upon occurrence of any Force Majeure Event prior to the Compliance Date, the Parties shall bear their respective costs and no Party shall be required to pay to the other Party any costs thereof.
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Allocation of costs arising out of Force Majeure. 14.4.1 Upon occurrence of a Force Majeure Event, the Authority shall fund and bear the Force Majeure costs (less any insurance proceeds, if any, received by the Operator in respect of such Force Majeure Event).
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Allocation of costs arising out of Force Majeure. Save and except as expressly provided in this Article 20, neither Party shall be liable in any manner whatsoever to the other Party in respect of any loss, damage, cost, claims, demands and proceedings relating to or arising out of occurrence or existence of any Force Majeure event or exercise of any right pursuant hereto.
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Allocation of costs arising out of Force Majeure. 16.7.1 Upon occurrence of a Force Majeure Event after the Appointed Date, the costs incurred and attributable to such event and directly relating to the Contracted Capacity of the Power Station (the “Force Majeure Costs”) shall be allocated and paid as follows:
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Allocation of costs arising out of Force Majeure a. Upon the occurrence of any Force Majeure Event prior to the Effective Date, the Parties shall bear their respective costs and no Party shall be required to pay to the other Party any costs thereof. Upon occurrence of a Force Majeure Event after the Effective Date, the costs incurred and attributable to such event and directly relating to the Project (‘Force Majeure Costs’) shall be allocated and paid as follows:  upon occurrence of a Non-Political Event, the Parties shall bear their respective Force Majeure Costs and neither Party shall be required to pay to the other Party any costs thereof.  upon occurrence of an Other Event of Force Majeure, all Force Majeure Costs attributable to such Other Event, and not exceeding the Insurance Cover for such Other Event, shall be borne by the System Integrator and to the extent Force Majeure costs exceed such Insurance Cover, one half of such excess amount shall be reimbursed by ‘EDUCATION DEPARTMENT, HIMACHAL PRADESH’ to the System Integrator (optional clause – to be used, if relevant.)  upon occurrence of a Political Event, all Force Majeure Costs attributable to such Political Event shall be reimbursed by ‘EDUCATION DEPARTMENT, HIMACHAL PRADESH’ to the System Integrator.  For the avoidance of doubt, Force Majeure Costs may include interest payments on debt, operation and maintenance expenses, any increase in the cost of the Services on account of inflation and all other costs directly attributable to the Force Majeure Event.  Save and except as expressly provided in this Clause, neither Party shall be liable in any manner whatsoever to the other Party in respect of any loss, damage, costs, expense, claims, demands and proceedings relating to or arising out of occurrence or existence of any Force Majeure Event or exercise of any right pursuant hereof.
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Allocation of costs arising out of Force Majeure. 21.4.1 Upon occurrence of a Force Majeure Event, the Force Majeure Costs shall be allocated as follows:
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Allocation of costs arising out of Force Majeure. 17.4.1 Upon occurrence of a Force Majeure Event, the costs incurred and attributable to such event and relating to the Project (including any adverse financial impact on the Concessionaire resulting from the Force Majeure Event), as determined by the Independent Auditor and Independent Engineer under the section 17.2.4 (the “Force Majeure Costs”) shall be allocated and paid as follows:
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Allocation of costs arising out of Force Majeure. 14.5.1 Upon occurrence of any Force Majeure Event, the Parties shall bear their respective costs and no Party shall be required to pay to the other Party any c osts thereof.
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Allocation of costs arising out of Force Majeure. 15.4.1 Upon occurrence of a Force Majeure Event, the Implementing Agencies shall fund and bear the Force Majeure costs (less any insurance proceeds, if any, received by the Concessionaire in respect of such Force Majeure Event).
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Related to Allocation of costs arising out of Force Majeure

  • Definition of Force Majeure For the purposes of this section, an event of force majeure shall mean any cause beyond the control of the affected Interconnection Party or Construction Party, including but not restricted to, acts of God, flood, drought, earthquake, storm, fire, lightning, epidemic, war, riot, civil disturbance or disobedience, labor dispute, labor or material shortage, sabotage, acts of public enemy, explosions, orders, regulations or restrictions imposed by governmental, military, or lawfully established civilian authorities, which, in any of the foregoing cases, by exercise of due diligence such party could not reasonably have been expected to avoid, and which, by the exercise of due diligence, it has been unable to overcome. Force majeure does not include (i) a failure of performance that is due to an affected party’s own negligence or intentional wrongdoing; (ii) any removable or remediable causes (other than settlement of a strike or labor dispute) which an affected party fails to remove or remedy within a reasonable time; or (iii) economic hardship of an affected party.

  • Notification of Force Majeure Event 11.5.1 The Affected Party shall give notice to the other Party of any event of Force Majeure as soon as reasonably practicable, but not later than seven (7) days after the date on which such Party knew or should reasonably have known of the commencement of the event of Force Majeure. If an event of Force Majeure results in a breakdown of communications rendering it unreasonable to give notice within the applicable time limit specified herein, then the Party claiming Force Majeure shall give such notice as soon as reasonably practicable after reinstatement of communications, but not later than one (1) day after such reinstatement. Provided that such notice shall be a pre-condition to the Affected Party’s entitlement to claim relief under this Agreement. Such notice shall include full particulars of the event of Force Majeure, its effects on the Party claiming relief and the remedial measures proposed. The Affected Party shall give the other Party regular (and not less than monthly) reports on the progress of those remedial measures and such other information as the other Party may reasonably request about the Force Majeure Event.

  • Effect of Force Majeure If either Party is rendered wholly or partially unable to perform its obligations under this Agreement because of a Force Majeure Act, that Party shall be excused from whatever performance is affected by the Force Majeure Act to the extent so affected, provided that:

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