Common use of Force Majeur Clause in Contracts

Force Majeur. Except for the obligation to make payments when due pursuant to this Agreement, all other obligations under this Agreement shall be suspended for so long as one or both of Licensor and Licensee is prevented from complying with the provisions of this Agreement by acts of God; riots; war; acts of Federal, state, or local governments, agencies, or courts; strikes; lock-outs; damage to or destruction or unavoidable shut-down of necessary facilities; or other matters beyond Licensor's or Licensee's reasonable control (specifically excluding, however, matters of mere financial exigency.) The entity so prevented from complying with its obligations pursuant to this Agreement shall promptly notify the other entity of such fact and shall exercise all due diligence to remove and overcome the cause of such inability to comply.

Appears in 2 contracts

Samples: License Agreement (Emergency Filtration Products Inc/ Nv), License Agreement (Emergency Filtration Products Inc/ Nv)

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Force Majeur. Except for the obligation to make payments when due ------------ pursuant to this Agreement, all other obligations under this Agreement shall be suspended for so long as one or both of Licensor Developer and Licensee Company is prevented from complying with the provisions of this Agreement by acts of God; riots; war; acts of Federal, state, or local governments, agencies, or courts; strikes; lock-outs; damage to or destruction or unavoidable shut-down of necessary facilities; or other matters beyond LicensorDeveloper's or LicenseeCompany's reasonable control (specifically excluding, however, matters of mere financial exigency.) ). The entity so prevented from complying with its obligations obligation pursuant to this Agreement shall promptly notify the other entity of such fact and shall exercise all due diligence to remove and overcome the cause of such inability to comply.

Appears in 2 contracts

Samples: Contract for Assignment of Rights (Emergency Filtration Products Inc/ Nv), Contract for Assignment of Rights (Emergency Filtration Products Inc/ Nv)

Force Majeur. Except for the obligation to make payments when due ------------ pursuant to this Agreement, all other obligations under this Agreement shall be suspended for so long as one or both of Licensor and Licensee is prevented from complying with the provisions of this Agreement by acts of God; riots; war; acts of Federal, state, or local governments, agencies, or courts; strikes; lock-outs; damage to or destruction or unavoidable shut-down of necessary facilities; or other matters beyond Licensor's or Licensee's reasonable control (specifically excluding, however, matters of mere financial exigency.) The entity so prevented from complying with its obligations pursuant to this Agreement shall promptly notify the other entity of such fact and shall exercise all due diligence to remove and overcome the cause of such inability to comply.

Appears in 1 contract

Samples: License Agreement (Emergency Filtration Products Inc/ Nv)

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Force Majeur. Except for the obligation to make payments when due pursuant to this Agreement, all other obligations under this Agreement shall be suspended for so long as one or both of Licensor Developer and Licensee Company is prevented from complying with the provisions of this Agreement by acts of God; riots; war; acts of Federal, state, or local governments, agencies, or courts; strikes; lock-outs; damage to or destruction or unavoidable shut-down of necessary facilities; or other matters beyond LicensorDeveloper's or LicenseeCompany's reasonable control (specifically excluding, however, matters of mere financial exigency.) ). The entity so prevented from complying with its obligations obligation pursuant to this Agreement shall promptly notify the other entity of such fact and shall exercise all due diligence to remove and overcome the cause of such inability to comply.

Appears in 1 contract

Samples: Contract for Assignment of Rights (Emergency Filtration Products Inc/ Nv)

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