Effect of Force Majeure. A Party shall not be considered to be in default in the performance of its obligations to the extent that the failure or delay of its performance is due to a Force Majeure event, and the non-affected Party shall be excused from its corresponding performance obligations for the period of the affected Party’s failure or delay of performance. The burden of proof for establishing the existence and consequences of an event of Force Majeure lies with the Party initiating the claim.
Appears in 27 contracts
Samples: Distribution Services Agreement, Distribution Services Agreement, Distribution Services Agreement
Effect of Force Majeure. A Party shall not be considered to be in default in the performance of its obligations under this Agreement to the extent that the failure or delay of its performance is due to a Force Majeure event, and the non-affected Party shall be excused from its corresponding performance obligations for the period of the affected Party’s failure or delay of performance. The burden of proof for establishing the existence and consequences of an event of Force Majeure lies with the Party initiating the claim.
Appears in 7 contracts
Samples: Consent and Agreement, Consent and Agreement, Distribution Services Agreement
Effect of Force Majeure. A Party shall not be considered to be in default in the performance of its obligations to the extent that the failure or delay of its performance is due to a Force Majeure event, and the non-affected Party shall be excused from its corresponding performance obligations (including, if and as applicable, calculation of Energy Settlement under Section 6.2 to the extent that a Force Majeure event impacts delivery of Energy) for the period of the affected Party’s failure or delay of performance. The burden of proof for establishing the existence and consequences of an event of Force Majeure lies with the Party initiating the claim.
Appears in 3 contracts
Samples: Guaranty Agreement, Guaranty Agreement, Consent and Agreement
Effect of Force Majeure. A Party shall not be considered to be in default in the performance of its obligations to the extent that the failure or delay of its performance is due to a Force Majeure eventEvent, and the non-affected Party shall be excused from its corresponding performance obligations for to the period of extent due to the affected Party’s failure or delay of performance. Notwithstanding the forgoing, a failure to make payments accrued prior to the Force Majeure Event when due shall not be excused. The burden of proof for establishing the existence and consequences of an event of a Force Majeure Event lies with the Party initiating the claim.
Appears in 2 contracts
Samples: Own Transfer Agreement, Purchase and Sale Agreement
Effect of Force Majeure. A Party shall not be considered to be in default in the performance of its obligations to the extent that the failure or delay of its performance is due to a Force Majeure event, and the non-affected Party shall be excused from its corresponding performance obligations for the period of the affected Party’s failure or delay of performance. The burden of proof for establishing the existence and consequences of an event of Force Majeure lies with the Party initiating the claim.
Appears in 1 contract
Samples: Assignment and Assumption Agreement
Effect of Force Majeure. A Party shall not be considered to be in default in the performance of its obligations under this Agreement to the extent that the failure or delay of its performance is due to a Force Majeure event, and the non-affected Party shall be excused from its corresponding performance obligations for the period of the affected Party’s failure or delay of performance. The burden of proof for establishing the existence and consequences of an event of Force Majeure lies with the Party initiating the claiminvoking Force Majeure.
Appears in 1 contract
Samples: Distribution Services Agreement