Common use of Event of Force Majeure Clause in Contracts

Event of Force Majeure. The Shipper shall be released from its obligations under the Contract in the cases and circumstances referred to below for the duration of and within the limit of the effects of the said events and circumstances on the said obligations:  a case of force majeure, defined as any event beyond the control of the Shipper and that cannot be resolved by reasonable efforts, which are incumbent on the Shipper as a Prudent and Reasonable Shipper, and, preventing it from performing all or part of its obligations under the Contract;  any of the circumstances listed below, without meeting all the criteria set out in the preceding paragraph, insofar as the occurrence thereof affects the Shipper and prevents it from executing all or part of its obligations under the Contract:  strike,  machine breakdown or operating or equipment accident, which is not the result of a failure of maintenance or improper use of the facilities,  a third party act the occurrence of which could not have been reasonably foreseen by the Shipper acting as a Prudent and Reasonable Shipper.

Event of Force Majeure. The Shipper shall be released from its obligations under the Contract in the cases and circumstances referred to below for the duration of and within the limit of the effects of the said events and circumstances on the said obligations:  • a case of force majeure, defined as any event beyond the control of the Shipper and that cannot be resolved by reasonable efforts, which are incumbent on the Shipper as a Prudent and Reasonable Shipper, and, preventing it from performing all or part of its obligations under the Contract;  • any of the circumstances listed below, without meeting all the criteria set out in the preceding paragraph, insofar as the occurrence thereof affects the Shipper and prevents it from executing all or part of its obligations under the Contract:  strike,  machine breakdown or operating or equipment accident, which is not the result of a failure of maintenance or improper use of the facilities,  a third party act the occurrence of which could not have been reasonably foreseen by the Shipper acting as a Prudent and Reasonable Shipper.