Period of Force Majeure Sample Clauses

Period of Force Majeure. Period of Force Majeure shall mean the period from the time of occurrence specified in the notice given by the Affected Party in respect of the Force Majeure Event until the earlier of: (a) expiry of the period during which the Affected Party is excused from performance of its obligations in accordance with Article 14.4; or (b) termination of this Agreement pursuant to Article 14.7 hereof
AutoNDA by SimpleDocs
Period of Force Majeure. Should the period of Force Majeure continue ----------------------- for more than [***] consecutive months, either party may terminate this Agreement without liability to the other party upon giving written notice to the other party.
Period of Force Majeure. Period of Force Majeure shall mean the period from the time of occurrence specified in the notice given by the Affected Party in respect of the Force Majeure Event until the expiry of the period during which the Affected Party is excused from performance of its obligations in accordance with Article 12.4.
Period of Force Majeure. In this Clause 12.4, reference to a period of Force Majeure shall mean the period from the date and time specified in the notice given by the Party affected by the Force Majeure Event in respect of an event or circumstance of Force Majeure, until the earlier of: (a) Such time as the performance by the Party affected by the Force Majeure Event of its obligations hereunder is no longer or would no longer have been, if the Party affected by the Force Majeure Event had complied with its obligations under this Clause 12.4, materially and adversely affected by such event or circumstance of Force Majeure; and (b) If the Purchase Order/Contract is terminated pursuant to Clause 12.5 by reason of the event or circumstance of Force Majeure, the date in respect thereof of service of such notice. When the Party affected by the Force Majeure Event is able, or would have been able if it had complied with its obligations under the provisions of this Clause 12.4, to resume performance of all its obligations, under the Purchase Order/ Contract, affected by the occurrence or continuation of an event or circumstance of Force Majeure, then the period of Force Majeure relating to such event or circumstance of Force Majeure shall be deemed to have ended and the Party affected by Force Majeure Event shall forthwith give notice in writing / via email to that effect to the other Party.

Related to Period of Force Majeure

  • Notice of Force Majeure If performance is delayed as a result of Force Majeure, the affected party shall provide prompt Notice to the other party and shall be excused from default or delay in performance while such circumstances prevail so long as such party continues to use commercially reasonable efforts to recommence performance as soon as possible.

  • Effect of Force Majeure If either Party is rendered wholly or partially unable to perform its obligations under this Agreement because of a Force Majeure Act, that Party shall be excused from whatever performance is affected by the Force Majeure Act to the extent so affected, provided that: a) Within five (5) Business Days after the occurrence of the inability to perform due to a Force Majeure Act, the Affected Party provides a written notice to the other Party of the particulars of the occurrence, including an estimation of its expected duration and probable impact on the performance of its obligations hereunder, and continues to furnish periodic reports with respect thereto, every seven (7) days, during the period of Force Majeure, b) The Affected Party shall use all reasonable efforts to continue to perform its obligations hereunder and to correct or cure as soon as possible the Force Majeure Act, c) The suspension of performance shall be of no greater scope and no longer duration than is reasonably necessitated by the Force Majeure Act, d) The Affected Party shall provide the other Party with prompt notice of the cessation of the Force Majeure Act giving rise to the excuse from performance and shall thereupon resume normal performance of obligations under this Agreement with utmost promptitude, e) The non-performance of any obligation of either Party that was required to be performed prior to the occurrence of a Force Majeure Act shall not be excused as a result of such subsequent Force Majeure Act, f) The occurrence of a Force Majeure Act shall not relieve either Party from its obligations to make any payment hereunder for performance rendered prior to the occurrence of Force Majeure Act or for partial performance hereunder during period of subsistence Force Majeure Act; and g) The Force Majeure Act, shall not relieve either Party from its obligation to comply with Applicable Laws. The Affected Party shall exercise all reasonable efforts to mitigate or limit damages to the other Party.

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