Common use of Consequences of Force Majeure Clause in Contracts

Consequences of Force Majeure. a. If an event of Force Majeure occurs, the contractual obligation of a Party affected by such an event shall be suspended during the period of delay and the time for performing such obligation shall be extended, without penalty, for a period equal to such suspension.

Appears in 14 contracts

Samples: Chemical Warehouse Lease Agreement, Chemical Warehouse Lease Agreement, Chemical Warehouse Lease Agreement (Diodes Inc /Del/)

AutoNDA by SimpleDocs

Consequences of Force Majeure. a. (a) If an event of Force Majeure occurs, the a party’s contractual obligation of a Party obligations affected by such as an event under this Contract shall be suspended during the period of delay caused by the Force Majeure and the time for performing such obligation shall be automatically extended, without penaltypenalty or liability, for a period equal to such suspension.

Appears in 4 contracts

Samples: Equity Transfer Contract (China Direct Industries, Inc.), Equity Transfer Contract (China Direct Industries, Inc.), Equity Transfer Contract (China Direct Industries, Inc.)

Consequences of Force Majeure. a. (a) If an event of Force Majeure occurs, the a Party’s contractual obligation of a Party obligations affected by such an event under this Contract shall be suspended during the period of delay and caused by the time for performing such obligation shall be extended, without penalty, for a period equal to such suspensionForce Majeure.

Appears in 2 contracts

Samples: www.sec.gov, Joint Venture Contract (On Semiconductor Corp)

Consequences of Force Majeure. a. (a) If an event of Force Majeure occurs, the a Party's contractual obligation of a Party obligations affected by such an event under this Contract shall be suspended during the period of delay caused by the Force Majeure and the time for performing such obligation shall be automatically extended, without penaltypenalty or liability, for a period equal to such suspension.

Appears in 2 contracts

Samples: Joint Venture Contract (Spar Group Inc), Contract

Consequences of Force Majeure. a. If an event of Force Majeure occurs, the contractual obligation of a Party affected Affected by such an event shall be suspended during the period of delay and the time for performing such obligation shall be extended, without penalty, for a period equal to such suspension.

Appears in 1 contract

Samples: Lease Agreement (Diodes Inc /Del/)

Consequences of Force Majeure. a. (a) If an event of Force Majeure occurs, the a Party's contractual obligation of a Party obligations affected by such an event shall be suspended during the period of delay caused by the Force Majeure and the time period for performing such obligation obligations shall be extended, without penalty, for a period equal to such suspension.

Appears in 1 contract

Samples: Supply Contract (New Focus Inc)

Consequences of Force Majeure. a. (a) If an event of Force Majeure occurs, the a Party’s contractual obligation of a Party obligations affected by such an event under this Agreement shall be suspended during the period of delay caused by the Force Majeure and the time for performing such obligation shall be automatically extended, without penalty, for a period equal to such suspension.

Appears in 1 contract

Samples: Asset Purchase Agreement (Kadant Inc)

AutoNDA by SimpleDocs

Consequences of Force Majeure. a. (a) If an event of Force Majeure occurs, the a Party’s contractual obligation of a Party obligations affected by such an event hereunder shall be suspended during the period of delay caused by the Force Majeure and the time for performing such obligation shall be automatically extended, without penaltypenalty or liability, for a period equal to such suspension.

Appears in 1 contract

Samples: Share Purchase Agreement (Heckmann CORP)

Consequences of Force Majeure. a. (a) If an event of Force Majeure occurs, the a Party’s contractual obligation of a Party obligations affected by such an event under this Contract shall be suspended during the period of delay caused by the Force Majeure and the time for performing such obligation shall be automatically extended, without penaltypenalty or liability, for a period equal to such suspension.. **** Confidential Treatment Requested

Appears in 1 contract

Samples: Joint Venture Contract (Mesa Air Group Inc)

Consequences of Force Majeure. a. (1) If an event of Force Majeure occurs, the contractual obligation of a Party affected by such an event shall be suspended during the period of delay and the time for performing such obligation shall be extended, without penalty, for a period equal to such suspension.

Appears in 1 contract

Samples: Building Lease Agreement (Diodes Inc /Del/)

Time is Money Join Law Insider Premium to draft better contracts faster.