Common use of External Circumstances Clause in Contracts

External Circumstances. No Party shall be considered in default or be liable to the other Party for any delay in performance or non-performance (except with respect to an obligation to pay money) caused by circumstances beyond the reasonable control of such Party, including but not limited to acts of God, explosion, fire, flood, war (whether or not declared), accident, labor strike or labor disturbances, terrorist activities, sabotage, orders or decrees of any court, or actions of any government authority.

Appears in 3 contracts

Sources: Procurement Agreement, Intellectual Property License Agreement, Procurement Agreement

External Circumstances. No Party shall be considered in default or be liable to the other Party for any delay in performance or non-performance (except with respect to an obligation to pay money) caused by circumstances beyond the reasonable control of such Party, including but not limited to acts of God, explosion, fire, flood, war (war, whether or not declared), accident, labor strike or labor disturbances, terrorist activities, inability to procure supplies from third party vendors, sabotage, orders or decrees of any court, or actions of any government authority.

Appears in 1 contract

Sources: Intellectual Property License Agreement (First Colombia Development Corp.)