Common use of Performance Delay Clause in Contracts

Performance Delay. The time for performance of a Party impacted by a Force Majeure Event, other than the satisfaction of payment obligations that have accrued under this Agreement, is excused, without liability, for the duration of time that the Force Majeure Event impairs such Party’s ability to perform its obligations under this Agreement.

Appears in 2 contracts

Samples: Component Manufacturing Agreement (Lombard Medical, Inc.), Technology Licensing and Manufacturing Agreement (Lombard Medical, Inc.)

AutoNDA by SimpleDocs

Performance Delay. The time for performance of a Party impacted by a Force Majeure Event, other than the satisfaction of payment obligations that have accrued under this Agreement, is excuseddelayed, without liability, for the duration of time that the a Force Majeure Event impairs such Party’s ability to perform its obligations under this AgreementEvent.

Appears in 2 contracts

Samples: Supply Agreement (Wright Medical Group Inc), Distribution and Supply Agreement (Osiris Therapeutics, Inc.)

AutoNDA by SimpleDocs

Performance Delay. The time for performance of a Party impacted by a Force Majeure Event, other than the satisfaction of or payment obligations that have accrued under this Agreement, is excuseddelayed, without liability, for the duration of time that the a Force Majeure Event impairs such Party’s ability to perform its obligations under this AgreementEvent.

Appears in 1 contract

Samples: Distribution Agreement (Fuse Medical, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!