Common use of Meaning of Force Majeure Clause in Contracts

Meaning of Force Majeure. (a) In this agreement, Force Majeure means any event not within the control of the Affected Party and which by the exercise of due diligence, the Affected Party is not reasonably able to prevent or overcome, and which prevents the Affected Party from complying with its obligations under this agreement, or which prohibits or materially inhibits the Company conducting its usual mining or milling operations.

Appears in 2 contracts

Samples: nortongoldfields.com.au, www.newcenturyresources.com

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Meaning of Force Majeure. (aThe expression, "Force Majeure", shall mean any event(s) In this agreement, Force Majeure means any event not within or circumstance(s) beyond the control of the Party concerned (the "Affected Party Party") (acting and having acted in accordance with the standard of a Reasonable and Prudent Operator) which by the exercise of due diligencedelays, the Affected Party is not reasonably able to prevent hinders or overcome, and which prevents the Affected Party from complying with fulfilling any one or more of its obligations under this agreement, or which prohibits or materially inhibits the Company conducting its usual mining or milling operationsAgreement.

Appears in 1 contract

Samples: Iuk Access Agreement

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Meaning of Force Majeure. (a) In this agreement, The term Force Majeure as used in this Contract means any event cause arising after the Effective Date which is not reasonably within the control of the Affected Party and which by the exercise of due diligenceclaiming Force Majeure, the Affected Party is not reasonably able to prevent foreseeable, avoidable or overcomesurmountable by that Party, and which prevents that impedes the Affected performance or part performance by that Party from complying with its obligations under of this agreementContract, or which prohibits or materially inhibits the Company conducting its usual mining or milling operations.including but not limited to:

Appears in 1 contract

Samples: Joint Venture Contract (Natuzzi S P A)

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