Effect of Force Majeure Event on the Agreement Sample Clauses

Effect of Force Majeure Event on the Agreement. 21.6.1 Upon the occurrence of any Force Majeure after the Appointed Date, the costs incurred and attributable to such event and directly relating to this Agreement (the “Force Majeure costs”) shall be allocated and paid as follows: (a) upon occurrence of a Non-Political Event, the Parties shall bear their respective Force Majeure costs and neither Party shall be required to pay to the other Party any costs thereof; (b) upon occurrence of an Indirect Political Event, all Force Majeure costs attributable to such Indirect Political Event, and not exceeding the Insurance Cover for such Indirect Political Event, shall be borne by the Contractor, and to the extent Force Majeure costs exceed such Insurance Cover, one half of such excess amount shall be reimbursed by the Authority to the Contractor for the Force Majeure events; and (c) upon occurrence of a Political Event, all Force Majeure costs attributable to such Political Event shall be reimbursed by the Authority to the Contractor. For the avoidance of doubt, Force Majeure costs may include costs directly attributable to the Force Majeure Event, but shall not include debt repayment obligations, if any, of the Contractor. 21.6.2 Save and except as expressly provided in this Article 21, neither Party shall be liable in any manner whatsoever to the other Party in respect of any loss, damage, cost, expense, claims, demands and proceedings relating to or arising out of occurrence or existence of any Force Majeure Event or exercise of any right pursuant hereto. 21.6.3 Upon the occurrence of any Force Majeure Event during the Construction Period, the Project Completion Schedule for and in respect of the affected Works shall be extended on a day for day basis for such period as performance of the Contractor’s obligations is affected on account of the Force Majeure Event or its subsisting effects.
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Effect of Force Majeure Event on the Agreement. 19.6.1 Upon the occurrence of any Force Majeure (a) prior to the Appointed Date, both Parties shall bear their respective Force Majeure costs.
Effect of Force Majeure Event on the Agreement. 22.6.1 Upon the occurrence of any Force Majeure Event prior to the Appointed Date, the period set forth in Clause 3.1 for fulfilment of Conditions Precedent and in Clause 16.1.1 for achieving Financial Close shall be extended by a period equal in length to the duration of the Force Majeure Event. 22.6.2 At any time after the Appointed Date but prior to COD, if any Force Majeure Event occurs, the Scheduled Completion Date and the dates set forth in the Project Completion Schedule shall be extended by a period, equal in length to the duration for which such Force Majeure Events subsists
Effect of Force Majeure Event on the Agreement. 16.6.1 Upon the occurrence of any Force Majeure Event prior to the Appointed Date, the Conditions Precedent Period as set forth in Article 4 shall be extended by a period equal in length to the duration of the Force Majeure Event. 16.6.2 At any time after the Appointed Date, if any Force Majeure Event occurs whereupon the Agency is unable to provide the Services during the period for which Force Majeure exists, no Payment shall be made by the Authority to the Agency and appropriate deductions shall be made by the Authority at the time of settling the amounts due towards the deliverables based Payment. However, the Agency shall not be liable to pay any damages to the Authority in case it is unable to provide the Services on account of any Force Majeure Event.
Effect of Force Majeure Event on the Agreement. 22.6.1 Upon the occurrence of any Force Majeure Event prior to COD, the period set forth in Clause 12.1 for achieving COD shall be extended by a period equal in length to the duration of the Force Majeure Event. 22.6.2 If any Force Majeure Event occurs after COD, whereupon the Operator is unable to operate and manage the Project despite making best efforts or it is directed by the SPV to suspend the operation and maintenance activities thereof during the subsistence of such Force Majeure Event, the Term shall be extended by a period, equal in length to the period during which the Operator was prevented from operating and managing the Project and collecting Revenue on account thereof;
Effect of Force Majeure Event on the Agreement. 23.6.1 Upon the occurrence of any Force Majeure Event prior to the Effective Date, the Conditions Precedent period as set forth in Article 4 shall be extended by a period equal in length to the duration of the Force Majeure Event. 23.6.2 At any time after the commencement of the Term, if any Force Majeure Event occurs whereupon the Strategic Partner is unable to provide the Services during the period for which Force Majeure exists, no Fee under this Agreement shall be paid by the Authority to the Strategic Partner and appropriate deductions shall be made by the Authority at the time of settling the amounts towards payment of any Fee. However, the Strategic Partner shall not be liable to pay any Damages to the Authority in case it is unable to provide the Services on account of any Force Majeure Event.
Effect of Force Majeure Event on the Agreement. 24.5.1 Upon the occurrence of any Force Majeure Event prior to the COD, the period for procurement and deployment shall be extended by a period equal in length to the duration of the Force Majeure Event. 24.5.2 At any time after the COD, the Period and the dates set forth in the Project Completion Schedule shall be extended by a period equal in length to the duration for which such Force Majeure Event subsists.
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Related to Effect of Force Majeure Event on the Agreement

  • Notification of Force Majeure Event 11.5.1 The Affected Party shall give notice to the other Party of any event of Force Majeure as soon as reasonably practicable, but not later than seven (7) days after the date on which such Party knew or should reasonably have known of the commencement of the event of Force Majeure. If an event of Force Majeure results in a breakdown of communications rendering it unreasonable to give notice within the applicable time limit specified herein, then the Party claiming Force Majeure shall give such notice as soon as reasonably practicable after reinstatement of communications, but not later than one (1) day after such reinstatement. Provided that, such notice shall be a pre-condition to the Affected Party’s entitlement to claim relief under this Agreement. Such notice shall include full particulars of the event of Force Majeure, its effects on the Party claiming relief and the remedial measures proposed. The Affected Party shall give the other Party regular reports on the progress of those remedial measures and such other information as the other Party may reasonably request about the Force Majeure. 11.5.2 The Affected Party shall give notice to the other Party of (i) the cessation of the relevant event of Force Majeure; and (ii) the cessation of the effects of such event of Force Majeure on the performance of its rights or obligations/ roles under this Agreement, as soon as practicable after becoming aware of each of these cessations.

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