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Common use of FORCE Clause in Contracts

FORCE. Majeure circumstances shall mean circumstances caused by the reasons of extraordinary character, which cannot be foreseen and prevented by the Parties (fire, flood, earthquake or other natural phenomena as well as war, blockade, strikes, governmental sanctions de jure or de facto, acts of state authorities), if such circumstances prevent fulfillment of the contractual obligations.

Appears in 5 contracts

Samples: Finance Contract (Kallo Inc.), Finance Contract (Kallo Inc.), Finance Contract (Kallo Inc.)