Common use of Extended Force Majeure Clause in Contracts

Extended Force Majeure. (a) Either Party may, in its sole and unfettered discretion, terminate this Agreement by notice to the other Party if the other Party invokes Force Majeure in accordance with this Article 15 for three hundred sixty-five (365) or more consecutive days provided notice is given within ninety (90) days after the right of termination arises.

Appears in 3 contracts

Samples: Infrastructure and Service Agreement, Infrastructure and Service Agreement, Infrastructure and Service Agreement

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Extended Force Majeure. (a) Either Party may, in its sole and unfettered discretion, party may terminate this Agreement by upon thirty days prior written notice to the other Party party if Force Majeure Event prevent the other Party invokes Force Majeure in accordance with this Article 15 party from substantially performing its obligations hereunder for three hundred sixty-five (365) or more consecutive a cumulative period of 720 days provided notice is given within ninety (90) days after the right of termination arisesthat strikes or other labor disputes shall be disregarded in determining such cumulative period.

Appears in 3 contracts

Samples: Operating Agreement, Operating Agreement, Operating Agreement

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Extended Force Majeure. (a) Either Party may, in its sole and unfettered discretion, party may terminate this Agreement by upon thirty (30) days prior written notice to the other Party party if Force Majeure Events prevent the other Party invokes Force Majeure in accordance with this Article 15 party from substantially performing its obligations hereunder for three hundred sixty-five (365) or more consecutive a cumulative period of 365 days provided notice is given within ninety (90) days after the right of termination arisesthat strikes or other labor disputes shall be disregarded in determining such cumulative period.

Appears in 1 contract

Samples: Operating Agreement (Cybercash Inc)

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