Common use of FORCE MAJUERE Clause in Contracts

FORCE MAJUERE. We shall be excused from performance under this Agreement and shall have no liability to any other party hereof or any third person for any period that we are prevented, hindered or unable to perform any of our obligations, in whole or in part, as a result of acts of God, strikes, terrorist activities, power outages (including so-called xxxxx outs), material changes in circumstances or laws, regulations or interpretations of the same affecting any of our obligations hereunder, or other causes beyond our reasonable control; and such non-performance shall not be a default under this Agreement; provided, however, that if any of the above-enumerated circumstances prevent, hinder or delay performance of our obligations for more than sixty (60) Business Days, the Fund may, at its option, terminate this Agreement in accordance with Paragraph 11, above.

Appears in 7 contracts

Samples: Shareholder Information Agreement (Talcott Resolution Life Insurance Co Separate Account Three), Shareholder Information Agreement (Separate Account a of Union Security Life Ins Co of New York), Shareholder Information Agreement (Talcott Resolution Life Insurance Co Separate Account Three)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.