Common use of Force Majeure Termination Clause in Contracts

Force Majeure Termination. Subject to compliance with Clauses 13.2 to 13.5 (inclusive), if the Force Majeure Event or its consequences continue such that the Affected Party is unable to comply with its material obligations or exercise its material rights hereunder for a continuous period of at least 180 calendar days, either Party shall be entitled to terminate this Agreement by giving written notice to the other Party, unless the Affected Party has during the existence of the Force Majeure Event taken steps reasonably satisfactorily to the other Party to overcome the relevant Force Majeure Event or its consequences and is continuing to implement the same at the end of such period.

Appears in 5 contracts

Samples: Terminal Services Agreement, Terminal Services Agreement, Terminal Services Agreement

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