Common use of Nature and extent of relief for Force Majeure Clause in Contracts

Nature and extent of relief for Force Majeure. Force Majeure relief under this Clause 17: (a) extinguishes: (i) the obligation of the Affected Party to perform a Relevant Obligation to the extent that it is prevented from doing so by reason of the Relevant Force Majeure Event; and (ii) the obligation of the Affected Party to indemnify the other party under Clause 8.2 in respect of Relevant Losses sustained as a result of the failure of the Affected Party to perform a Relevant Obligation; but (b) is not available in respect of: (i) any obligation to pay money under Schedule 4, Schedule 7 and Schedule 8; or (ii) any other obligation to do or refrain from doing any other thing provided for in this Contract; and (c) is only available in relation to a failure to perform an obligation under the CCOS Network Code to the extent (including as to time and conditions) that the CCOS Network Code so provides.

Appears in 6 contracts

Samples: Track Access Contract, Track Access Contract, Track Access Contract

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Nature and extent of relief for Force Majeure. Force Majeure relief under this Clause 17: (a) extinguishes: (i) the obligation of the Affected Party to perform a Relevant Obligation to the extent that it is prevented from doing so by reason of the Relevant Force Majeure Event; and (ii) the obligation of the Affected Party to indemnify the other party under Clause 8.2 in respect of Relevant Losses sustained as a result of the failure of the Affected Party to perform a Relevant Obligation; but (b) is not available in respect of: (i) any obligation to pay money under Schedule 4, Schedule 7 and Schedule 8; or (ii) any other obligation to do or refrain from doing any other thing provided for in this Contract; and (c) is only available in relation to a failure to perform an obligation under the CCOS Network Code to the extent (including as to time and conditions) that the CCOS Network Code so provides.

Appears in 3 contracts

Samples: Track Access Contract, Track Access Contract, Track Access Contract

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Nature and extent of relief for Force Majeure. Force Majeure relief under this Clause 17: (a) extinguishes: (i) the obligation of the Affected Party to perform a Relevant Obligation to the extent that it is prevented from doing so by reason of the Relevant Force Majeure Event; and (ii) the obligation of the Affected Party to indemnify the other party under Clause 8.2 in respect of Relevant Losses sustained as a result of the failure of the Affected Party to perform a Relevant Obligation; but (b) is not available in respect of: (i) any obligation to pay money under Schedule 4, Schedule 7 and Schedule 8; or (ii) any other obligation to do or refrain from doing any other thing provided for in this Contractcontract; and (c) is only available in relation to a failure to perform an obligation under the CCOS Network Code to the extent (including as to time and conditions) that the CCOS Network Code so provides.

Appears in 1 contract

Samples: Track Access Contract

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