Common use of Other Event Clause in Contracts

Other Event. An Other Event shall mean one or more of the following acts or events: (a.) an act of war (whether declared or undeclared), invasion, armed conflict or act of foreign enemy, blockade, embargo, riot, insurrection, terrorist or military action, civil commotion or politically motivated sabotage; (b.) any political or economic upheaval, disturbance, movement, struggle or similar occurrence which could not have been anticipated or foreseen by a prudent person and which causes the construction or operation of the Project to be financially unviable or otherwise not feasible; (c.) industry-wide or State-wide strikes or industrial action for a continuous period of 24 (twenty four) hours and exceeding an aggregate period of 7 (seven) days in an Accounting Year; (d.) any civil commotion, boycott or political agitation which prevents collection of fee or consideration by the Concessionaire for an aggregate period exceeding 7 (seven) days in an Accounting Year; (e.) failure of the Authority to permit the Concessionaire to continue the discharge of its obligations hereunder, with or without modifications, in the event of stoppage of such works after discovery of any geological or archaeological finds or for any other reason; (f.) any failure or delay of a Contractor to the extent caused by any Other Event and which does not result in any offsetting compensation being payable to the Concessionaire by or on behalf of such Contractor; (g.) any Other Event that causes a Non- Statutory / non-administrative Event; or (h.) any event or circumstances of a nature analogous to any of the foregoing.

Appears in 13 contracts

Samples: Concession Agreement, Concession Agreement, Concession Agreement

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