Common use of Events Beyond the Control of the Parties Clause in Contracts

Events Beyond the Control of the Parties. Performance by either ---------------------------------------- party hereunder will not be deemed to be in default where the delay or default is due to events beyond its reasonable control, including without limitation war, insurrection, strike, lock-outs, riots, floods, earthquakes, fires, casualties, acts of God, epidemics, quarantine restrictions, governmental restrictions, inability to secure necessary labor or materials, acts of the other party or failure to act of any public or governmental agency or entity.

Appears in 4 contracts

Samples: Loan Servicing Agreement (Wilshire Financial Services Group Inc), Loan Servicing Agreement (Wilshire Financial Services Group Inc), Real Estate Asset Servicing Agreement (Wilshire Real Estate Investment Trust Inc)

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