Common use of Notice of Force Majeure Event Clause in Contracts

Notice of Force Majeure Event. If any Party is unable to perform its obligations under this Agreement due to a Force Majeure Event, the Party that is unable to perform shall promptly notify the other Party of this occurrence, the effect on its performance, the nature of any corrective action needed, its efforts to remedy its inability to perform, and when it estimates it will be able to resume performance. Thereafter the nonperforming Party shall update that information as reasonably necessary.

Appears in 13 contracts

Samples: Reliability Must Run Agreement, Reliability Must Run Agreement, Reliability Must Run Agreement

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