Common use of EFFECT OF FORCE MAJEURE EVENT ON THE CONTRACT Clause in Contracts

EFFECT OF FORCE MAJEURE EVENT ON THE CONTRACT. 20.5.1 Upon the occurrence of any Force Majeure Event prior to COD for 1st Lot of Buses, the period set forth in Clause 12.1 for achieving COD for 1st Lot of Buses shall be extended by a period equal in length to the duration of the Force Majeure Event;

Appears in 5 contracts

Samples: Escrow Agreement, Model Contract, Model Contract

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EFFECT OF FORCE MAJEURE EVENT ON THE CONTRACT. 20.5.1 Upon the occurrence of any Force Majeure Event prior to COD for 1st Lot 1stLot of Buses, the period set forth in Clause 12.1 for achieving COD for 1st Lot 1stLot of Buses shall be extended by a period equal in length to the duration of the Force Majeure Event;

Appears in 2 contracts

Samples: Model Contract, Model Contract

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