General Provisions Applicable to all Force Majeure Events Sample Clauses

General Provisions Applicable to all Force Majeure Events. (a) Subject to Article 8 (Termination) and Article 9 (Default), a Regulatory Force Majeure Extension or Litigation Force Majeure Extension, as applicable (in either case, a “Force Majeure Extension”), will be deemed validly in effect and extend the Initial Expiration Date or the Phase 2 Expiration Date, as applicable, for the period described in Developer’s Regulatory Force Majeure Notice or Litigation Force Majeure Notice (in either case, a “Force Majeure Notice”) or a shorter period if the Regulatory Force Majeure Event or Litigation Force Majeure Event (in either case, a “Force Majeure Event”) is resolved before such date, unless:
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General Provisions Applicable to all Force Majeure Events. Subject to Article 8 (Termination) and Article 9 (Default), a Regulatory Force Majeure Extension or Litigation Force Majeure Extension, as applicable (in either case, a “Force Majeure Extension”), will be deemed validly in effect and extend the Initial Expiration Date or the Phase 2 Expiration Date, as applicable, for the period described in Developer’s Regulatory Force Majeure Notice or Litigation Force Majeure Notice (in either case, a “Force Majeure Notice”) or a shorter period if the Regulatory Force Majeure Event or Litigation Force Majeure Event (in either case, a “Force Majeure Event”) is resolved before such date, unless: (i) City gives Developer notice within ten (10) business days after City’s receipt of the Force Majeure Notice that, based on the Director’s reasonable judgment, no Force Majeure Event exists, or (ii) a Terminating Event has occurred before Developer delivered its Force Majeure Notice, or (iii) an Event of Default, or an event that, with notice or the passage of time or both would constitute an Event of Default, has occurred and is uncured on the date the Force Majeure Notice is delivered. In addition to a Force Majeure Extension under Section 2.3 (Regulatory Force Majeure) or Section 2.4 (Litigation Force Majeure), Developer may request one or more additional Force Majeure Extensions under this Section 2.5(b) (General Force Majeure Provisions) by submitting its written request to the Director describing the Force Majeure Event, providing Developer’s good faith estimate of the dates by which Developer will be able to satisfy the Project Schedule, as extended by any earlier Force Majeure Extension. The Director will determine whether to grant Developer’s request for an additional Force Majeure Extension or to submit Developer’s request to the SFMTA Board to be considered in open session. The Director may grant or deny Developer’s request in his or her sole discretion. Except for the Phase 2 Expiration Date and the revised Project Schedule as specified in a valid Force Majeure Notice or as otherwise specified in a SFMTA decision granting an additional Force Majeure Extension, no other terms of this Agreement will be affected by a Force Majeure Extension. The Parties agree to proceed with due diligence and cooperate with one another to resolve the Force Majeure Event, and acknowledge that the resolution of the Force Majeure Event may affect Development Overview provisions to which they have previously agreed and require additional De...
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Related to General Provisions Applicable to all Force Majeure Events

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