Common use of Effect of Force Majeure Event Clause in Contracts

Effect of Force Majeure Event. (a) If a Force Majeure Event prevents a Party from performing, in whole or in part, its obligations under this Agreement, such Party’s obligations, other than obligations to pay money (unless the means of transferring funds is affected), shall be suspended and such Party shall have no liability with respect to such obligations; provided, that the suspension of the Party’s obligations is of no greater scope and of no longer duration than is required by the Force Majeure Event.

Appears in 41 contracts

Samples: Service Agreement, Service Agreement, Service Agreement

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Effect of Force Majeure Event. (a) If Subject to the limitations set forth in this Agreement and Clauses 13.3 and 13.4, in the event that either Party is rendered unable by reason of a Force Majeure Event prevents a Party from performingin effect after the Effective Date to perform, in whole wholly or in part, its obligations under any obligation set forth in this Agreement, then upon such Party’s obligations, other than obligations to pay money (unless the means giving notice as specified in Clause 13.2 and full particulars of transferring funds is affected), shall be suspended and such Party shall have no liability with respect to such obligations; provided, that the suspension of the Party’s obligations is of no greater scope and of no longer duration than is required by the Force Majeure Event, those obligations of that Party shall be suspended or excused to the extent their performance is affected by such Force Majeure Event.

Appears in 14 contracts

Samples: ppp.worldbank.org:443, ppp.worldbank.org:443, ppp.worldbank.org:443

Effect of Force Majeure Event. (a) If a Force Majeure Event prevents a Party (the Affected Party) is directly prevented or delayed from performing, in whole or in part, performing any of its obligations under this AgreementAgreement (other than an obligation to pay money, which shall not be subject to relief pursuant to this clause 24.1) by reason of a Force Majeure Event, such Party’s obligations, other than obligations to pay money (unless the means of transferring funds is affected), shall be suspended and such Party shall have no liability with respect to such obligations; provided, that the suspension of the Party’s obligations is of no greater scope and of no longer duration than is required Affected Party which are affected by the Force Majeure EventEvent shall be suspended without liability for a period equal to the period during which the performance of such obligations is prevented or delayed.

Appears in 1 contract

Samples: Shareholders’ Agreement (Nabors Industries LTD)

Effect of Force Majeure Event. (a) If a Force Majeure Event prevents a Party from performing, in whole or in part, its obligations under this Agreement, such Party’s obligations, other than obligations to pay money (unless the means of transferring funds is affected), shall be suspended and such Party shall have no liability with respect to such obligations; provided, that the suspension of the Party’s obligations is of no greater scope and of no longer duration than is required by the Force Majeure Event.

Appears in 1 contract

Samples: Forma Pilot Agreement

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Effect of Force Majeure Event. (a) If either party is prevented from performing or observing any of its substantial obligations under this agreement by a Force Majeure Event prevents a Party from performing, in whole or in partEvent, its obligations under this Agreement, such Party’s obligations, (other than obligations to pay money (unless the means of transferring funds is affected), shall money) will be suspended and such Party shall have no liability with respect by giving notice to such obligations; provided, that the suspension of the Party’s obligations is of no greater scope and of no longer duration than is required by the other party (a Force Majeure EventNotice) in accordance with clause 13.2.

Appears in 1 contract

Samples: www.ausgrid.com.au

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