Common use of Declaration of Force Majeure Clause in Contracts

Declaration of Force Majeure. A Party claiming Force Majeure (the “Claiming Party”) shall give notice and details of the full particulars of the Force Majeure event in writing to the other Party as soon as practicable after the onset of the event or occurrence constituting Force Majeure, and upon giving such notice the Claiming Party shall be excused from performance of its obligations under this Agreement insofar as they are affected by such Force Majeure event (other than the obligation to make payments then due or becoming due with respect to performance under this Agreement prior to the suspension of such Party’s obligations as a result of the Force Majeure event). The Claiming Party shall remedy the cause of the Force Majeure event with all reasonable dispatch.

Appears in 3 contracts

Samples: Crude Oil Supply Agreement (Calumet Specialty Products Partners, L.P.), Crude Oil Supply Agreement (Calumet Specialty Products Partners, L.P.), Master Crude Oil Purchase and Sale Agreement (Calumet Specialty Products Partners, L.P.)

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Declaration of Force Majeure. A Party claiming Force Majeure (the “Claiming Party”) shall give written notice and details of the full particulars of the Force Majeure event in writing to the other Parties (the “Non-Claiming Party or Parties”) as soon as practicable after the onset of the event or occurrence constituting Force Majeure, and upon giving such notice the Claiming Party shall be excused from performance of its obligations under this Agreement insofar as they are affected by such Force Majeure event (other than the obligation to make payments then due or becoming due with respect to performance under this Agreement prior to the suspension of such Party’s obligations as a result of the Force Majeure event). The Claiming Party shall remedy the cause of the Force Majeure event with all reasonable dispatch.

Appears in 1 contract

Samples: Master Crude Purchase Agreement (Rex Energy Corp)

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