Common use of Notification of Event of Force Majeure Clause in Contracts

Notification of Event of Force Majeure. An event of Force Majeure shall take effect at the moment such an event or circumstance occurs. Upon the occurrence of an event of Force Majeure that prevents, interferes with or delays the performance of either Party in whole or in part, of any of its obligations hereunder, the Affected Party shall promptly and ,in any case, not later than five (5) Business Days following the occurrence of Force Majeure, give written notice thereof to the other Party describing such event and stating the obligations the performance of which are affected (either in the original or in supplemental notices) and stating: (a) the estimated period during which performance may be prevented, interfered with or delayed, including, to the extent known or ascertainable, the estimated extent of such reduction in performance; (b) the anticipated portion of the Service for a Contract Year that will not be made available or received, as the case may be, by reason of Force Majeure; and (c) where clause 15.8 applies, the quantity of the Service that Terminal Operator reasonably expects to allocate to Terminal User. Such notices shall thereafter be updated at reasonable intervals during the period of such claimed Force Majeure specifying the actions being taken to remedy the circumstances causing the event of Force Majeure.

Appears in 3 contracts

Samples: LNG Terminal Use Agreement, LNG Terminal Use Agreement, LNG Terminal Use Agreement

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Notification of Event of Force Majeure. An event of Force Majeure shall take effect at the moment such an event or circumstance occurs. Upon the occurrence of an event of Force Majeure that prevents, interferes with or delays the performance of either Party in whole or in part, of any of its obligations hereunder, the Affected Party shall promptly and ,and, in any case, not later than five three (53) Business Days following the occurrence of Force Majeure, give written notice thereof to the other Party describing such event and stating the obligations the performance of which are affected (either in the original or in supplemental notices) and stating: (a) the estimated period during which performance may be prevented, interfered with or delayed, including, to the extent known or ascertainable, the estimated extent of such reduction in performance; (b) the anticipated portion of the Spot Cargo Service for a Contract Year that will not be made available or received, as the case may be, by reason of Force Majeure; and (c) where clause 15.8 applies, the quantity of the Spot Cargo Service that Terminal Operator reasonably expects to allocate to Terminal Spot Cargo User. Such notices shall thereafter be updated at reasonable intervals during the period of such claimed Force Majeure specifying the actions being taken to remedy the circumstances causing the event of Force Majeure.

Appears in 2 contracts

Samples: LNG Spot Cargo Agreement, LNG Spot Cargo Agreement

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Notification of Event of Force Majeure. An event of Force Majeure shall take effect at the moment such an event or circumstance occurs. Upon the occurrence of an event of Force Majeure that prevents, interferes with or delays the performance of either Party in whole or in part, of any of its obligations hereunder, the Affected Party shall promptly and ,and, in any case, not later than five (5) Business Days following the occurrence of Force Majeure, give written notice thereof to the other Party describing such event and stating the obligations the performance of which are affected (either in the original or in supplemental notices) and stating: (a) the estimated period during which performance may be prevented, interfered with or delayed, including, to the extent known or ascertainable, the estimated extent of such reduction in performance; (b) the anticipated portion of the Service for a Contract Year CEA Sendout that will not be made available or received, as the case may be, by reason of Force Majeure; and (c) where clause 15.8 5.7 applies, the quantity of the Service that Terminal Operator reasonably expects to allocate to Terminal User. Such notices shall thereafter be updated at reasonable intervals during the period of such claimed Force Majeure specifying the actions being taken to remedy the circumstances causing the event of Force Majeure.

Appears in 1 contract

Samples: Capacity Exchange Agreement

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