Force Majeure Rate. The Force Majeure Rate specified in Appendix A will be payable during any period in which operations are not being carried on because of Force Majeure as defined in Paragraph 1402, including all time required to restore the hole to the same depth and condition which existed when the Force Majeure event occurred, up to a maximum of thirty (30) consecutive days, after which and during the continuous existence of the Force Majeure condition no day rate will be payable and the Contract may be terminated at the option of either party, subject to demobilization.
Force Majeure Rate. The Force Majeure Rates specified in the Drilling Order will be payable during any period in which operations are not being carried on because of Force Majeure as defined in Paragraph 13.3, including periods required to repair damage caused by a Force Majeure event. However, should an event of Force Majeure continue in existence for a period of thirty (30) days, then no day rate shall be payable for the period after such thirty (30) days and either Contractor or Company shall have the right to terminate this Agreement at any time thereafter by providing written notice to the other party.
Force Majeure Rate. $ 9.000 per twenty-four (24) hour day for any continuous period that normal operations are suspended or cannot be carried on due to conditions of Force Majeure as defined in Paragraph 17 hereof. It is, however, understood that subject to Subparagraph 6.3 below, Operator can release the rig in accordance with Operator’s right to direct stoppage of the work, effective when conditions will permit the rig to be moved from the location.
Force Majeure Rate. Force Majeure Rate shall apply during any period ("Force Majeure Period") when Production operations are delayed or suspended as a result of Force Majeure affecting any Party. The applicable Force Majeure Rate shall be calculated as follows:
Force Majeure Rate. The force majeure rate per twenty-four (24) hour day (unmanned) per ITD unit shall be *****. The force majeure rate shall be in effect when Work is unable to proceed due to force majeure as defined in the Contract.
Force Majeure Rate. The Force Majeure Rate specified for each item of Workover Equipment in Appendix C will be payable during any period in which operations are not being carried on solely because of Force Majeure as defined in Section 15.3, including periods required to repair damage caused by an event of Force Majeure. In the event of Force Majeure lasting for a period of greater than 90 days, Company shall have the option, at its sole expense, to remove any affected Workover Equipment from Egypt to the United States of America for use in its operations there. In such event, Company and Contractor shall negotiate in good faith and in an expeditious manner toward the execution of a mutually satisfactory amendment to this Agreement covering operations in the United States of America under this Agreement. In particular, the rates to be charged pursuant to this Article VII, which reflect rig rates for international operations, will be adjusted to a level consistent with Contractor's regional pricing structure in place in the United States of America for substantially similar equipment, services and categories of personnel. In addition, Company agrees that the work performed for it by Contractor in the United States of America under this Agreement shall be in addition to (and not in replacement of) the work being performed for Company by Contractor in the United States of America prior to the addition of the disallowed Workover Equipment.
Force Majeure Rate. $[***] per day for any continuous period (not to exceed [***]) that normal operations are suspended or cannot be carried on due to a Force Majeure Event, as set forth below.
Force Majeure Rate. The Force Majeure Rate specified in Appendix G shall apply to the extent any of the conditions described in Article 11 apply for a period in excess of twenty-four (24) hours.
Force Majeure Rate per Section 8.1(F): 90% of Operating Rate · First thirty (30) days: Stand-by with Crews Rate · After thirty (30) days, up to ninety (90) days: One-half of the Extended Standby Rate · After ninety (90) days: Zero Rate unless Contractor elects to terminate the Contract
Force Majeure Rate. The Force Majeure Rate (Operating Rate less 25%) shall apply during the period specified in Article XII.
