Common use of Force Majeure Rate Clause in Contracts

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 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 14021303, including all time periods required to restore the hole to the same depth and condition which existed when the repair damage caused by a Force Majeure event occurredevent, 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.demobilization as provided in Paragraphs 703 and 705(c). 708. Additional Payments Operator shall, in addition, pay to Contractor:

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 14021303, including all time periods required to restore the hole to the same depth and condition which existed when the repair damage caused by a Force Majeure event occurredevent. However, up to a maximum of after thirty (30) consecutive days, after which and during of 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.demobilization as provided herein. 708. Additional Payments Operator shall, in addition, pay to Contractor:

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 140213.3, including all time periods required to restore the hole to the same depth and condition which existed when the repair damage caused by a Force Majeure event. However, should an event occurred, up to of Force Majeure continue in existence for a maximum period of thirty ninety (3090) consecutive days, after which and during the continuous existence of the Force Majeure condition then no day rate will shall be payable for the period after such ninety (90) days and either Contractor or Operator shall have the right to terminate this Contract may be terminated at the option of either party, subject to demobilizationany time thereafter.

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 14021303, including all time periods required to restore the hole to the same depth and condition which existed when the repair damage caused by a Force Majeure event occurredevent. However, up to a maximum of after thirty (30) consecutive days, after which and during days of 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.demobilization as provided herein. 708. Additional Payments Operator shall, in addition, pay to Contractor: