Common use of FORCE MAJOR Clause in Contracts

FORCE MAJOR. 12.1. The Parties shall be released from responsibility for breached or inappropriately fulfilled obligations during a force-major circumstance, which makes the fulfillment thereof impossible. 12.2. Force-major implies circumstances not existing at the time of execution of this Agreement, which the parties could not foresee or prevent; namely: natural disasters, strikes, sabotage etc. labor dispute, public disturbances a war, blockade, riot, earthquake, landslides, epidemics, flood etc. events beyond the Parties’ control. 12.3. If any of the above circumstances directly effect terms of fulfillment of the contractual obligations, those shall be extended appropriately. 12.4. A Party unable to fulfill the obligation due to occurrence of force major circumstances is obliged to notify the other in writing not later than 5 (five) days upon the onset and/or completion thereof. 12.5. In case of failure and/or delayed notification, the party shall have no right to refer to the force-major circumstance as the grounds for its release from responsibility. 12.6. The facts specified in the notice must be confirmed by a competent body. No confirmation shall be required if a force-major circumstance is within public knowledge. 12.7. If the force-major circumstance lasts for more than one month, the Parties are entitled to change conditions of the Agreement. If case of a failed agreement, a dispute shall be settled at the common courts of Georgia according to applicable laws.