Common use of Consequences of Force Majeure Clause in Contracts

Consequences of Force Majeure. During the occurrence of an event of Force Majeure, the obligations of the Party affected by such event of Force Majeure, to the extent that such obligations cannot be reasonably performed as a result of such event of Force Majeure, shall be suspended, and such Party shall not be considered to be in breach or default hereunder, for the period of such occurrence, except that:

Appears in 2 contracts

Samples: Management Agreement, Management Agreement

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Consequences of Force Majeure. During the occurrence and continuance of an event of Force Majeure, the obligations of the Party affected by such event of Force Majeure, to the extent that such obligations cannot be reasonably performed as a result of such event of Force Majeure, shall be suspended, and such Party shall not be considered to be in breach or default hereunder, for the period of such occurrenceoccurrence and continuance, except thatthat the occurrence of an event of Force Majeure:

Appears in 2 contracts

Samples: Administration Agreement (Brookfield Asset Management Reinsurance Partners Ltd.), Administration Agreement (Brookfield Asset Management Inc.)

Consequences of Force Majeure. During the occurrence of an event of Force Majeure, the obligations provision and performance of the Administrative Services by the Party affected by such event of Force Majeure, to the extent that such obligations services cannot be reasonably performed provided as a result of such event of Force Majeure, shall be suspended, and such Party shall not be considered to be in breach or default hereunderhereunder or under the Trust Indenture (as the case may be), for the period of such occurrence, except that:

Appears in 2 contracts

Samples: Administrative Services Agreement, Administrative Services Agreement

Consequences of Force Majeure. (a) During the occurrence and continuance of an event of Force Majeure, the obligations of the Party affected by such event of Force Majeure, to the extent that such obligations cannot be reasonably performed as a result of such event of Force Majeure, shall be suspended, and such Party shall not be considered to be in breach or default hereunder, for the period of such occurrenceoccurrence and continuance, except thatthat the occurrence of an event of Force Majeure:

Appears in 1 contract

Samples: Administration Agreement (Brookfield Asset Management Reinsurance Partners Ltd.)

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Consequences of Force Majeure. During the occurrence of an event of Force Majeure, the obligations provision and performance of the Party Services affected by such event of Force Majeure, to the extent that such obligations Services cannot be reasonably performed provided as a result of such event of Force Majeure, shall be suspended, and such a Party shall not be considered to be in breach or default hereunder, for the period of such occurrence, except that:

Appears in 1 contract

Samples: Strategic Partnership Agreement (SNDL Inc.)

Consequences of Force Majeure. During the occurrence of an event of Force Majeure, the obligations of the Party party affected by such event of Force Majeure, to the extent that such obligations cannot be reasonably performed as a result of such event of Force Majeure, shall be suspended, and such Party party shall not be considered to be in breach or default hereunder, hereunder for the period of such occurrence, except thatthat the occurrence of an event of Force Majeure:

Appears in 1 contract

Samples: Administration Agreement (Extendicare Real Estate Investment Trust)

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