Common use of Force Majeure Defined Clause in Contracts

Force Majeure Defined. Force Majeure shall mean any event that prevents or delays a party from performing in whole or in part any obligation arising under this Agreement and neither was within the reasonable control of the non-performing party nor could have been prevented by reasonable actions taken by the non-performing party, including, without limitation, an act of God, explosion, fire, lightening, earthquake, hurricane, storm, civil disturbance, strike, lock-out, unavailability of fuel or power, changes in law, orders of governmental authorities, and equipment failures that are not due to the negligence of the non-performing party.

Appears in 4 contracts

Samples: Thermal Energy Service Agreement (Trump Hotels & Casino Resorts Inc), Thermal Energy Service Agreement (Trumps Castle Associates Lp), Thermal Energy Service Agreement (Trump Atlantic City Funding Inc)

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Force Majeure Defined. Force Majeure shall mean any event that prevents or delays a party from performing in whole or in part any obligation arising under this Agreement and neither was within the reasonable control of the non-performing party nor could have been prevented by reasonable actions taken by the non-performing party, including, without limitation, an act of God, explosion, fire, lightening, earthquake, hurricane, storm, civil disturbance, strike, lock-out, unavailability of fuel or power, changes in law, orders of governmental authorities, and equipment failures that are not due to the negligence of the non-performing party. Inability of Buyer to make payment when due is not excused by Force Majeure.

Appears in 1 contract

Samples: Energy Service Agreement

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