Common use of Force Xxxxxx Clause in Contracts

Force Xxxxxx. 10.1. No party shall be in breach of this agreement nor liable for delay in performing, or failure to perform, any of its obligations under this agreement if such delay or failure result from events, circumstances or causes beyond its reasonable control. In such circumstances the time for performance shall be extended by a period equivalent to the period during which performance of the obligation has been delayed or failed to be performed. If the period of delay or non-performance continues for 3 months, the parties not affected may terminate this agreement by giving seven (7) days’ written notice to the affected party.

Appears in 9 contracts

Samples: Single Beneficiary Software Escrow Agreement Agreement Number, Multi Beneficiary Software Escrow Agreement Agreement Number El, Software Escrow Agreement

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Force Xxxxxx. 10.1. No Neither party shall be in breach of this agreement nor liable for delay in performing, or failure to perform, any of its obligations under this agreement if such delay or failure result from events, circumstances or causes beyond its reasonable control. In such circumstances the time for performance shall be extended by a period equivalent to the period during which performance of the obligation has been delayed or failed to be performed. If the period of delay or non-performance continues for 3 months, the parties party not affected may terminate this agreement by giving seven (7) days’ written notice to the affected party.

Appears in 1 contract

Samples: Saas Software Escrow Agreement [Agreement Number El

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