Common use of Event of Force Majeure Clause in Contracts

Event of Force Majeure. The Proponent will not be in default by reason only of any failure in performance of the Project in accordance with Schedule 2 if such failure arises without the fault or negligence of the Proponent and is caused by any event of force majeure.

Appears in 6 contracts

Samples: Technology Partnerships Agreement, Funding Agreement (Navitrak International CORP), Technology Partnership Agreement (MIGENIX Inc.)

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Event of Force Majeure. The Proponent will not be in default Default by reason only of any failure in performance of the Project in accordance with Schedule 2 if such failure arises without the fault or negligence of the Proponent and is caused by any event of force majeure.

Appears in 1 contract

Samples: Technology Partnerships Agreement

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Event of Force Majeure. The Proponent will not be in default by I>fy reason only of any failure in performance of the Project in accordance with Schedule 2 if such failure arises without the fault or negligence of the Proponent and is caused by any event of force majeure. of government, strikes or any Act of God or other similar circumstance which is beyond the Proponent's control, and which could not have been reasonably circumvented by the Proponent without incurring unreasonable cost.

Appears in 1 contract

Samples: Technology Partnership Agreement (Tm Bioscience Corp)

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