Common use of Force Majeure Relief Clause in Contracts

Force Majeure Relief. Any obligation or condition arising from this Contract which either Party is prevented from performing whether in whole or part, except with respect to the payments such Party is liable to, shall not be considered as a breach of this Contract if said non- performance is caused by a case of Force Majeure, provided, however, that there is a direct cause-and-effect relationship between the non-performance and the case of Force Majeure invoked. For purposes of this Contract, the term “Force Majeure” shall include all events which are unforeseeable, irresistible and beyond the control of the Party which invokes it, such as earthquakes and other natural disasters, riots, embargoes, acts of terrorism, insurrections, civil disturbances, acts of war or acts attributable to war. The intent of the Parties is that the term Force Majeure shall be interpreted in accordance with the principles and practice of international law.

Appears in 2 contracts

Samples: Exploration and Production Sharing Contract, Exploration and Production Sharing Contract

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Force Majeure Relief. Any obligation or condition arising from this Contract which either Party is prevented from performing whether in whole or part, except with respect to the payments such Party is liable to, shall not be considered as a breach of this Contract if said non- non-performance is caused by a case of Force Majeure, provided, however, that there is a direct cause-and-effect relationship between the non-performance and the case of Force Majeure invoked. For purposes of this Contract, the term “cases of Force Majeure” shall Majeure are considered to include all events which are unforeseeable, irresistible and beyond the control of the Party which invokes it, such as earthquakes and other natural disastersearthquake, riotsriot, embargoes, acts of terrorism, insurrectionsinsurrection, civil disturbances, acts of war or acts attributable to war. The intent of the Parties is that the term Force Majeure shall be interpreted in accordance with the principles and practice of international law.

Appears in 2 contracts

Samples: Exploration and Production Sharing Contract, Exploration and Production Sharing Contract

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Force Majeure Relief. Any obligation or condition arising from this Contract which either Party is prevented from performing whether in whole or part, except with respect to the payments such Party is liable to, shall not be considered as a breach of this Contract if said non- non-performance is caused by a case of Force Majeure, provided, however, that there is a direct cause-and-effect relationship between the non-performance and the case of Force Majeure invoked. For purposes of this Contract, the term “Force Majeure” shall include all events which are unforeseeable, irresistible and beyond the control of the Party which invokes it, such as earthquakes and other natural disasters, riots, embargoes, acts of terrorism, insurrections, civil disturbances, acts of war or acts attributable to war. The intent of the Parties is that the term Force Majeure shall be interpreted in accordance with the principles and practice of international law.

Appears in 1 contract

Samples: Model Exploration and Production Sharing Contract

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