Common use of Consequences of Force Majeure Clause in Contracts

Consequences of Force Majeure. If the Affected Party has taken all necessary steps towards mitigating the effect of a Force Majeure event, then: i. The obligations of the Affected Party shall be suspended to the extent that they are affected by the Force Majeure event so long as the Force Majeure event continues. ii. To the extent the performance of the obligations of the Affected Party is affected by the Force Majeure event, the time period for the performance of the obligations of the Affected Party shall be extended by a similar time period on a day for day basis.

Consequences of Force Majeure. If the Affected Party has taken all necessary steps towards mitigating the effect of a Force Majeure event, then: i. 28.3.1. The obligations of the Affected Party shall be suspended to the extent that they are affected by the Force Majeure event so long as the Force Majeure event continues. ii28.3.2. To the extent the performance of the obligations of the Affected Party is affected by the Force Majeure event, the time period for the performance of the obligations of the Affected Party shall be extended by a similar time period on a day for day basis.