Common use of Consequences of a Force Majeure Event Clause in Contracts

Consequences of a Force Majeure Event. Within the limits of the effects of the Force Majeure Event, both Parties shall be released from their obligations under the Contract, including for the Shipper the obligation to pay the Price, excluding the cases of exclusion provided for in Paragraphs 11.3.1 and 11.3.2 of the General Terms and Conditions (occurrence of the circumstance referred to in f) of Paragraph 16.1). In a Force Majeure Event, both Parties shall be released from their obligations under the Contract (including for the Shipper its obligation to pay the Price), within the limit of the effects of the Force Majeure Event.

Appears in 3 contracts

Samples: Contract for Access to the Fos Cavaou LNG Terminal, Contract for Access to the Fos Cavaou LNG Terminal, Contract for Access to the Fos Cavaou LNG Terminal

AutoNDA by SimpleDocs

Consequences of a Force Majeure Event. Within the limits of the effects of the Force Majeure Event, both Parties shall be released from their obligations under the Contract, including for the Shipper the obligation to pay the Price, excluding the cases of exclusion provided for in Paragraphs 11.3.1 and 11.3.2 9.2.3 of the General Terms and Conditions (occurrence of the circumstance referred to in f) of Paragraph 16.113.1). In a Force Majeure Event, both Parties shall be released from their obligations under the Contract (including for the Shipper its obligation to pay the Price), within the limit of the effects of the Force Majeure Event.

Appears in 1 contract

Samples: Small Scale LNG Carrier Loading Contract

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!