Negotiation in Event of Force Majeure. If an obligation is suspended by reason of Force Majeure for more than one (1) year, EMRA and the Company shall enter into good faith negotiations to revise the terms of this License to reflect the changes circumstances, provided that this License shall remain in effect during the period during which the Parties are negotiating the terms of any such revision, provided that nothing in this License shall require the Company to settle any strike or other labor dispute otherwise than on terms acceptable to it, or to contest the validity or enforceability of any law, regulation, order, determination, or other legal proceeding.
Appears in 4 contracts
Samples: Exploration License, Mining Exploration License, Mining Exploration License
