Common use of Failure Due to Force Majeure Clause in Contracts

Failure Due to Force Majeure. Notwithstanding anything to the contrary in this Agreement, no party is responsible or liable to the other party for, nor will this Agreement be terminated (except as provided under Section 17.5) as a result of that first mentioned party’s failure to perform any of its obligations hereunder, with the exception of payment of monies due and owing, if such failure results from Force Majeure.

Appears in 3 contracts

Samples: Distribution and License Agreement (Rosewind CORP), Distribution and License Agreement (Rosewind CORP), Distribution and License Agreement (Vyrix Pharmaceuticals, Inc.)

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Failure Due to Force Majeure. Notwithstanding anything to the contrary in this Agreement, no party is responsible or liable to the other party for, nor will this Agreement be terminated (except as provided under Section 17.518.5) as a result of that first mentioned party’s failure to perform any of its obligations hereunder, with the exception of payment of monies due and owing, if such failure results from Force Majeure.

Appears in 2 contracts

Samples: Distribution and License Agreement (Immuron LTD), Distribution and License Agreement (Immuron LTD)

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