Common use of MAJOR FORCE Clause in Contracts

MAJOR FORCE. Neither Party shall be liable for its delay or failure to perform its contractual obligations if such delay or failure is due to the occurrence of an event beyond its control, which could not reasonably be foreseen at the time of the conclusion of the Contract and the effects of which cannot be avoided by appropriate measures. Each Party shall inform the other Party, without delay and by registered letter with acknowledgement of receipt, of the occurrence of such an event when it considers that it is likely to compromise the performance of its contractual obligations. In the event of the occurrence of such a case of force majeure, the performance of this Contract shall be suspended until the disappearance, extinction or termination of the case of force majeure. However, if the force majeure continues beyond a period of thirty (30) days, the Parties shall meet to discuss a possible modification of the Contract. The deadlines provided for in this Contract shall be automatically postponed according to the duration of the force majeure event.

Appears in 5 contracts

Samples: General Terms and Conditions of Sale, General Terms and Conditions of Sale, General Terms and Conditions of Sale

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