Common use of Political Force Majeure Events Clause in Contracts

Political Force Majeure Events. A Political Event shall mean one or more of the following acts or events by or on account of Government of India or any other Governmental Agency: expropriation or compulsory acquisition by any Governmental Agency of any Project Assets or rights of the Licensee or of the Contractors; or unlawful or unauthorised or without jurisdiction revocation of, or refusal to renew or grant without valid cause, any clearance, licence, permit, authorisation, no objection certificate, consent, approval or exemption required by the Licensee or any of the Contractors to perform their respective obligations under this Agreement and the Project Agreements; provided that such delay, modification, denial, refusal or revocation did not result from the Licensee's or any Contractor's inability or failure to comply with any condition relating to grant, maintenance or renewal of such clearance, licence, authorisation, no objection certificate, exemption, consent, approval or permit; Any decision or order of a court or tribunal which has the effect of restraining all or any part of the activities concerning the construction, operation or maintenance of the Project including the determination, levy, demand, collection, retention and appropriation of revenue; any failure or delay of a Contractor but only to the extent caused by another Political Event and which does not result in any offsetting compensation being any event or circumstance of a nature analogous to any of the foregoing.