Procedure for Force Majeure. (i) If a Party claims relief on account of a Force Majeure Event, then the Party claiming to be affected by the Force Majeure Event shall, immediately on becoming aware of the Force Majeure Event, give notice of and describe in detail: (a) the Force Majeure Event(s) that has occurred; (b) the obligation(s) affected as described in this Article 19; (c) the dates of commencement and estimated cessation of such event of Force Majeure; and (d) the manner in which the Force Majeure Event(s) affect the Party’s ability to perform its obligation(s) under the SFM Agreement. No Party shall be able to suspend or excuse the non-performance of its obligations hereunder unless such Party has given the notice specified above. (ii) The affected Party shall have the right to suspend the performance of the obligation(s) affected as described in Article 19.1.4 (i) above, upon delivery of the notice of the occurrence of a Force Majeure Event in accordance with Article 19.1.4(i) above. The affected Party, to the extent rendered unable to perform its obligations or part thereof under the SFM Agreement, as a consequence of the Force Majeure Event, shall be excused from performance of the obligations provided that the excuse from performance shall be of no greater scope and of no longer duration than is reasonably warranted by the Force Majeure Event. (iii) The time for performance by the affected Party of any obligation or compliance by the affected Party with any time limit affected by Force Majeure Event, and for the exercise of any right affected thereby, shall be extended by the period during which such Force Majeure Event continues and by such additional period thereafter as is necessary to enable the affected Party to achieve the level of activity prevailing before the event of Force Majeure Event. (iv) Each Party shall bear its own costs, if any, incurred as a consequence of the Force Majeure Event. (v) The Party receiving the claim for relief under Force Majeure Event shall, if it wishes to dispute the claim, give a written notice of Dispute to the Party making the claim within 30 (thirty) days of receiving the notice of claim. If the notice of claim is not contested within 30 (thirty) days as stated above, all the Parties shall be deemed to have accepted the validity of the claim. If any Party disputes a claim, the Parties shall follow the procedures set forth in Article 23.
Appears in 13 contracts
Samples: Station Facility Management Agreement, Station Facility Management Agreement, Station Facility Management Agreement
Procedure for Force Majeure. (i) 14.2.1 If a Party claims relief on account of a Force Majeure Event, then the Party claiming to be affected by the Force Majeure Event shall, immediately on becoming aware of the Force Majeure Event, give notice of and describe in detail: (ai) the Force Majeure Event(s) that has occurred; (bii) the obligation(s) affected as described in this Article 19; 14 (ciii) the dates of commencement and estimated cessation of such event of Force Majeure; and (div) the manner in which the Force Majeure Event(s) affect the Party’s 's ability to perform its obligation(s) under the SFM Agreement. No Party shall be able to suspend or excuse the non-performance of its obligations hereunder unless such Party has given the notice specified above. The Parties expressly agree that payment of Annual Revenue Share shall not be suspended during the pendency of Force Majeure Event and/or its effect.
(ii) 14.2.2 The affected Affected Party shall have the right to suspend the performance of the obligation(s) affected as described in Article 19.1.4 (i) 14.2.1 above, upon delivery of the notice of the occurrence of a Force Majeure Event in accordance with Article 19.1.4(i) 14.2.1 above. The affected Affected Party, to the extent rendered unable to perform its obligations or part thereof under the SFM Agreement, as a consequence of the Force Majeure Event, shall be excused from performance of the obligations provided that the excuse from performance shall be of no greater scope and of no longer duration than is reasonably warranted by the Force Majeure Event.
(iii) 14.2.3 The time for performance by the affected Affected Party of any obligation or compliance by the affected Affected Party with any time limit affected by Force Majeure Event, and for the exercise of any right affected thereby, shall be extended by the period during which such Force Majeure Event continues and by such additional period thereafter as is necessary to enable the affected Affected Party to achieve the level of activity prevailing before the event of Force Majeure Event.
(iv) 14.2.4 Each Party shall bear its own costs, if any, incurred as a consequence of the Force Majeure Event.
(v) . The Party receiving the claim for relief under Force Majeure Event shall, if it wishes to dispute the claim, give a written notice of Dispute to the Party making the claim within 30 (thirty) days of receiving the notice of claim. If the notice of claim is not contested within 30 (thirty) days as stated above, all the Parties shall be deemed to have accepted the validity of the claim. If any Party disputes a claim, the Parties shall follow the procedures set forth in Article 2314.2.
Appears in 4 contracts
Samples: Operation and Maintenance Agreement, Operation and Maintenance Agreement, Operation and Maintenance Agreement
Procedure for Force Majeure. (ia) If a Party claims relief on account of a Force Majeure Eventevent, then the Party claiming to be affected by the Force Majeure Event event shall, immediately on becoming aware of the Force Majeure Eventevent, give notice of and describe in detail: (ai) the Force Majeure Event(sevent(s) that has occurred; (boccurred;(ii) the obligation(s) affected as described in this Article 1916.1; (ciii) the dates of commencement and estimated cessation of such event of Force Majeure; Majeure and (div) the manner in which the Force Majeure Event(sevent(s) affect the Party’s ability to perform its 's obligation(s) under the SFM this Agreement. No Party shall be able to suspend or excuse the non-performance of its obligations hereunder unless such Party has given the notice specified above.
(iib) The affected Party shall have the right to suspend the performance of the obligation(s) affected obligation(s)affected as described in Article 19.1.4 (i) above16.1 , upon delivery of the notice of the occurrence of a Force Majeure Event event in accordance with Article 19.1.4(isub- clause (a) above. The affected Party, to the extent rendered unable to perform its obligations or part thereof under the SFM Agreement, as a consequence of the Force Majeure Event, shall be excused from performance of the obligations provided that the excuse from performance shall be of no greater scope and of no longer duration than is reasonably warranted by the Force Majeure Event.
(iiic) The time for performance by the affected Party of any obligation or compliance by the affected Party with any time limit affected by Force Majeure EventMajeure, and for the exercise of any right affected thereby, shall be extended by the period during which such Force Majeure Event continues and by such additional period thereafter as is necessary to enable the affected Party to achieve the level of activity prevailing before the event of Force Majeure EventMajeure.
(iv) Each Party shall bear its own costs, if any, incurred as a consequence of the Force Majeure Event.
(vd) The Party receiving the claim for relief under Force Majeure Event shall, if it wishes to dispute the claim, give a written notice of Dispute dispute to the Party making the claim within 30 (thirty) 15 days of receiving the notice of claim. If the notice of claim is not contested within 30 (thirty) 15 days as stated above, all the Parties to this Agreement shall be deemed to have accepted the validity of the claim. If any Party disputes a claim, the Parties shall follow the procedures set forth in Article 2315.
Appears in 2 contracts
Samples: Operation, Management and Development Agreement, Operation, Management and Development Agreement
Procedure for Force Majeure. (ia) If a Party claims relief on account of a Force Majeure Eventevent, then the Party claiming to be affected by the Force Majeure Event event shall, immediately on becoming aware of the Force Majeure Eventevent, give notice of and describe in detail: (ai) the Force Majeure Event(sevent(s) that has occurred; (bii) the obligation(s) affected as described in this Article 1916.1; (ciii) the dates of commencement and estimated cessation of such event of Force Majeure; Majeure and (div) the manner in which the Force Majeure Event(sevent(s) affect the Party’s ability to perform its 's obligation(s) under the SFM this Agreement. No Party shall be able to suspend or excuse the non-performance of its obligations hereunder unless such Party has given the notice specified above.
(iib) The affected Party shall have the right to suspend the performance of the obligation(s) affected as described in Article 19.1.4 (i) above16.1, upon delivery of the notice of the occurrence of a Force Majeure Event event in accordance with Article 19.1.4(isub- clause (a) above. The affected Party, to the extent rendered unable to perform its obligations or part thereof under the SFM Agreement, as a consequence of the Force Majeure Event, shall be excused from performance of the obligations provided that the excuse from performance shall be of no greater scope and of no longer duration than is reasonably warranted by the Force Majeure Event.
(iiic) The time for performance by the affected Party of any obligation or compliance by the affected Party with any time limit affected by Force Majeure EventMajeure, and for the exercise of any right affected thereby, shall be extended by the period during which such Force Majeure Event continues and by such additional period thereafter as is necessary to enable the affected Party to achieve the level of activity prevailing before the event of Force Majeure EventMajeure.
(iv) Each Party shall bear its own costs, if any, incurred as a consequence of the Force Majeure Event.
(vd) The Party receiving the claim for relief under Force Majeure Event shall, if it wishes to dispute the claim, give a written notice of Dispute dispute to the Party making the claim within 30 (thirty) 15 days of receiving the notice of claim. If the notice of claim is not contested within 30 (thirty) 15 days as stated above, all the Parties to this Agreement shall be deemed to have accepted the validity of the claim. If any Party disputes a claim, the Parties shall follow the procedures set forth in Article 2315.
Appears in 1 contract
Samples: Model Agreement for Development of a Dry Port Under PPP Mode
Procedure for Force Majeure. (i) 13.2.1. If a Party claims relief on account of a Force Majeure Event, then the Party claiming to be affected by the Force Majeure Event shall, immediately on becoming aware of the Force Majeure Event, give notice of and describe in detail: (ai) the Force Majeure Event(s) that has occurred; (bii) the obligation(s) affected as described in this Article 19Clause 13.1; (ciii) the dates of commencement and estimated cessation of such event of Force Majeure; and (div) the manner in which the Force Majeure Event(sevent(s) affect the Party’s 's ability to perform its obligation(s) under the SFM this Agreement. No Party shall be able to suspend or excuse the non-non- performance of its obligations hereunder unless such Party has given the notice specified above. The Parties expressly agree that payment of Annual Concession Fee shall not be suspended during the pendency of Force Majeure Event and / or its effect.
(ii) 13.2.2. The affected Party shall have the right to suspend the performance of the obligation(s) affected as described in Article 19.1.4 (i) abovethis Clause, upon delivery of the notice of the occurrence of a Force Majeure Event in accordance with Article 19.1.4(isub-Section (a) above. The affected Affected Party, to the extent rendered unable to perform its obligations or part thereof under the SFM this Agreement, as a consequence of the Force Majeure Event, shall be excused from performance of the obligations provided that the excuse from performance shall be of no greater scope and of no longer duration than is reasonably warranted by the Force Majeure Event.
(iii) 13.2.3. The time for performance by the affected Affected Party of any obligation or compliance by the affected Affected Party with any time limit affected by Force Majeure Event, and for the exercise of any right affected thereby, shall be extended by the period during which such Force Majeure Event continues and by such additional period thereafter as is necessary to enable the affected Affected Party to achieve the level of activity prevailing before the event of Force Majeure Event.
(iv) Each Party shall bear its own costs, if any, incurred as a consequence of the Force Majeure Event.
(v) The Party receiving the claim for relief under Force Majeure Event shall, if it wishes to dispute the claim, give a written notice of Dispute to the Party making the claim within 30 (thirty) days of receiving the notice of claim. If the notice of claim is not contested within 30 (thirty) days as stated above, all the Parties shall be deemed to have accepted the validity of the claim. If any Party disputes a claim, the Parties shall follow the procedures set forth in Article 23.
Appears in 1 contract
Samples: Concession Agreement
Procedure for Force Majeure. (ia) If a Party part claims relief on account of a Force Majeure Eventevent, then the Party claiming to be affected by the Force Majeure Event event shall, immediately on becoming aware of the Force Majeure Eventevent, in any event within thirty (30) days, give notice of and of, describe in detaildetail and prove: (ai) the Force Majeure Event(sevent(s) that has occurred; (bii) the obligation(s) affected as described in this Article 19Section 10.1; (ciii) the dates of commencement and estimated cessation of such event of Force Majeure; Majeure and (div) the manner in which the Force Majeure Event(sevent(s) affect the Party’s ability to perform its 's obligation(s) under the SFM this Agreement. These documents of description should be provided by a notarized affidavit. No Party shall be able to suspend or excuse the non-performance of its obligations hereunder unless such Party has given the notice specified above.
(iib) The affected Party shall have the right to suspend the performance of the obligation(s) affected as described in Article 19.1.4 (i) aboveSection 10.1, upon delivery of the notice of the occurrence of a Force Majeure Event even in accordance with Article 19.1.4(i) aboveclause 10.1.5(a). The affected Party, to the extent rendered unable to perform its obligations or part thereof under the SFM Agreement, this Agreement as a consequence of the Force Majeure Event, Event shall be excused from performance of the obligations provided that the excuse from performance shall be of or no greater scope and of no longer duration than is reasonably warranted by the Force Majeure Event.
(iiic) The time for performance by the affected Party of any obligation or compliance by the affected Party with any time limit affected by Force Majeure EventMajeure, and for the exercise of any right affected thereby, shall be extended by the period during which such Force Majeure Event continues and by such additional period thereafter as is necessary to enable the affected Party to achieve the level of activity prevailing before the event of Force Majeure EventMajeure.
(ivd) Each Party shall bear its own costs, if any, incurred as a consequence of the Force Majeure EventMajeure.
(v) The Party receiving the claim for relief under Force Majeure Event shall, if it wishes to dispute the claim, give a written notice of Dispute to the Party making the claim within 30 (thirty) days of receiving the notice of claim. If the notice of claim is not contested within 30 (thirty) days as stated above, all the Parties shall be deemed to have accepted the validity of the claim. If any Party disputes a claim, the Parties shall follow the procedures set forth in Article 23.
Appears in 1 contract
Samples: Product Design and License Agreement (A-Power Energy Generation Systems, Ltd.)
Procedure for Force Majeure. (i) If a Party claims relief on account of a Force Majeure Event, then the Party claiming to be affected by the Force Majeure Event shall, immediately on becoming aware of the Force Majeure Event, give notice of and describe in detail: (a) the Force Majeure Event(s) that has occurred; (b) the obligation(s) affected as described in this Article 19; (c) the dates of commencement and estimated cessation of such event of Force Majeure; and (d) the manner in which the Force Majeure Event(s) affect the Party’s Party‘s ability to perform its obligation(s) under the SFM Agreement. No Party shall be able to suspend or excuse the non-performance of its obligations hereunder unless such Party has given the notice specified above.
(ii) The affected Party shall have the right to suspend the performance of the obligation(s) affected as described in Article 19.1.4 (i) above, upon delivery of the notice of the occurrence of a Force Majeure Event in accordance with Article 19.1.4(i) above. The affected Party, to the extent rendered unable to perform its obligations or part thereof under the SFM Agreement, as a consequence of the Force Majeure Event, shall be excused from performance of the obligations provided that the excuse from performance shall be of no greater scope and of no longer duration than is reasonably warranted by the Force Majeure Event.
(iii) The time for performance by the affected Party of any obligation or compliance by the affected Party with any time limit affected by Force Majeure Event, and for the exercise of any right affected thereby, shall be extended by the period during which such Force Majeure Event continues and by such additional period thereafter as is necessary to enable the affected Party to achieve the level of activity prevailing before the event of Force Majeure Event.
(iv) Each Party shall bear its own costs, if any, incurred as a consequence of the Force Majeure Event.
(v) The Party receiving the claim for relief under Force Majeure Event shall, if it wishes to dispute the claim, give a written notice of Dispute to the Party making the claim within 30 (thirty) days of receiving the notice of claim. If the notice of claim is not contested within 30 (thirty) days as stated above, all the Parties shall be deemed to have accepted the validity of the claim. If any Party disputes a claim, the Parties shall follow the procedures set forth in Article 23.
Appears in 1 contract
Procedure for Force Majeure. (ia) If a Party claims relief on account of a Force Majeure Eventevent, then the Party claiming to be affected by the Force Majeure Event event shall, immediately on becoming aware of the Force Majeure Eventevent, give notice of and describe in detail: (ai) the Force Majeure Event(sevent(s) that has occurred; (bii) the obligation(s) affected as described in this Article 197; (ciii) the dates of commencement and estimated cessation of such event of Force Majeure; Majeure and (div) the manner in which the Force Majeure Event(sevent(s) affect the Party’s ability to perform its 's obligation(s) under the SFM this Agreement. No Party shall be able to suspend or excuse the non-performance of its obligations hereunder unless such Party has given the notice specified above. The Parties expressly agree that payment of Upfront Lease Premium shall not be suspended during the pendency of Force Majeure event and/or its effect.
(iib) The affected Party shall have the right to suspend the performance of the obligation(s) affected as described in Article 19.1.4 (i) above7.1, upon delivery of the notice of the occurrence of a Force Majeure Event event in accordance with Article 19.1.4(isub-clause (a) above. The affected Partyparty, to the extent rendered unable to perform its obligations or part thereof under the SFM Agreement, this Agreement as a consequence of the Force Majeure Event, Event shall be excused from performance of the obligations provided that the excuse from performance shall be of no greater scope and of no longer duration than is reasonably warranted by the Force Majeure Event.
(iiic) The time for performance by the affected Party of any obligation or compliance by the affected Party with any time limit affected by Force Majeure EventMajeure, and for the exercise of any right affected thereby, shall be extended by the period during which such Force Majeure Event continues and by such additional period thereafter as is necessary to enable the affected Party to achieve the level of activity prevailing before the event of Force Majeure EventMajeure.
(ivd) Each Party shall bear its own costs, if any, incurred as a consequence of the Force Majeure EventMajeure.
(ve) The Party receiving the claim for relief under Force Majeure Event shall, if it wishes to dispute the claim, give a written notice of Dispute dispute to the Party making the claim within 30 (thirty) days thirty)days of receiving the notice of claim. If the notice of claim is not contested within 30 (thirty30(thirty) days as stated above, all the Parties to this Agreement shall be deemed to have accepted the validity of the claim. If any Party disputes a claim, the Parties shall follow the procedures set forth in Article 23XII (Dispute Resolution).
Appears in 1 contract
Samples: Concession Agreement
Procedure for Force Majeure. (i) 14.4.1 If a Party the Selected Airline claims relief on account of a Force Majeure Event, then the Party claiming to be affected by the Force Majeure Event it shall, immediately on becoming aware of the Force Majeure Event, give notice of and describe in detail: :
(ai) That the Force Majeure Event(s) that has occurred; ;
(bii) the The obligation(s) affected as described in this Article 19; affected;
(ciii) the The dates of commencement and estimated cessation of such event of Force Majeure; and Majeure Event;
(div) the The manner in which the Force Majeure Event(s) affect the Party’s affects its ability to perform its obligation(s) under this Agreement; and
(v) The nature and extent of relief sought if any, the SFM Agreement. No Party Selected Airline shall not be able to suspend or excuse the non-performance of its obligations hereunder unless such Party it has given the notice specified above.
(ii) 14.4.2 The affected Party Selected Airline shall have the right to suspend the performance of the obligation(s) affected as described in Article 19.1.4 (i) aboveaffected, upon delivery of the notice of the occurrence of a Force Majeure Event in accordance with Article 19.1.4(i) sub-clause 14.4.1 above. The affected PartySelected Airline, to the extent rendered unable to perform it is prevented from performing its obligations or part thereof under the SFM this Agreement, as a consequence of the Force Majeure Event, shall be excused from performance of the obligations provided that the excuse from performance shall be of no greater scope and of no longer duration than is reasonably warranted by the Force Majeure Event.
(iii) 14.4.3 The time granted for performance by the affected Party of any obligation or compliance by the affected Party with any time limit affected by Force Majeure Event, and for the exercise of any right affected therebyby the Selected Airline, shall be extended by over the period during which such Force Majeure Event continues and by such additional period thereafter as is necessary to enable the affected Party Selected Airline to achieve the level of activity prevailing before the event of Force Majeure Event.
(iv) Each Party 14.4.4 The Selected Airline shall bear its own costs, if any, incurred as a consequence of the Force Majeure Event.
(v) 14.4.5 The Party receiving the claim for relief under Force Majeure Event Authority shall, if it wishes to dispute the claim, give a written notice of Dispute dispute to the Party making the claim Selected Airline within 30 (thirty) days of receiving the notice of claim. If the notice of claim is not contested within 30 (thirty) days as stated above, all the Parties Authority shall be deemed to have accepted the validity of the claim. If any Party the Authority disputes a claim, the Parties shall follow the procedures set forth in Article 23Clause 19 regarding dispute settlement.
14.4.6 It is clarified that the term of the Agreement shall be deemed to have been extended by a period which shall be equal to the duration for which such Force Majeure Event continued and by such additional period thereafter as is necessary to enable the Selected Airline to achieve the level of activity prevailing before the event of Force Majeure Event.
Appears in 1 contract
Samples: Selected Airline Agreement
Procedure for Force Majeure. (i) 14.4.1 If a Party the Selected Airline Operator claims relief on account of a Force Majeure Event, then the Party claiming to be affected by the Force Majeure Event it shall, immediately on becoming aware of the Force Majeure Event, give notice of and describe in detail: :
(ai) That the Force Majeure Event(s) that has occurred; ;
(bii) the The obligation(s) affected as described in this Article 19; affected;
(ciii) the The dates of commencement and estimated cessation of such event of Force MajeureMajeure Event; and and
(div) the The manner in which the Force Majeure Event(s) affect the Party’s affects its ability to perform its obligation(s) under this Agreement.
(v) The nature and extent of relief sought if any, the SFM Agreement. No Party Selected Airline Operator shall not be able to suspend or excuse the non-performance of its obligations hereunder unless such Party it has given the notice specified above.
(ii) 14.4.2 The affected Party Selected Airline Operator shall have the right to suspend the performance of the obligation(s) affected as described in Article 19.1.4 (i) aboveaffected, upon delivery of the notice of the occurrence of a Force Majeure Event in accordance with Article 19.1.4(i) sub-clause 14.4.1 above. The affected PartySelected Airline Operator, to the extent rendered unable to perform it is prevented from performing its obligations or part thereof under the SFM this Agreement, as a consequence of the Force Majeure Event, shall be excused from performance of the obligations provided that the excuse from performance shall be of no greater scope and of no longer duration than is reasonably warranted by the Force Majeure Event.
(iii) 14.4.3 The time granted for performance by the affected Party of any obligation or compliance by the affected Party with any time limit affected by Force Majeure Event, and for the exercise of any right affected therebyby the Selected Airline Operator, shall be extended by over the period during which such Force Majeure Event continues and by such additional period thereafter as is necessary to enable the affected Party Selected Airline Operator to achieve the level of activity prevailing before the event of Force Majeure Event.
(iv) Each Party 14.4.4 The Selected Airline Operator shall bear its own costs, if any, incurred as a consequence of the Force Majeure Event.
(v) 14.4.5 The Party receiving the claim for relief under Force Majeure Event Authority shall, if it wishes to dispute the claim, give a written notice of Dispute dispute to the Party making the claim Selected Airline Operator within 30 (thirty) days of receiving the notice of claim. If the notice of claim is not contested within 30 (thirty) days as stated above, all the Parties Authority shall be deemed to have accepted the validity of the claim. If any Party the Authority disputes a claim, the Parties shall follow the procedures set forth in Article 23Clause 19 regarding dispute settlement.
14.4.6 It is clarified that the term of the Agreement shall be deemed to have been extended by a period which shall be equal to the duration for which such Force Majeure Event continued and by such additional period thereafter as is necessary to enable the Selected Airline Operator to achieve the level of activity prevailing before the event of Force Majeure Event.
Appears in 1 contract
Samples: Selected Airline Operator Agreement
Procedure for Force Majeure. (i) 14.4.1 If a Party the Selected Airline Operator claims relief on account of a Force Majeure Event, then the Party claiming to be affected by the Force Majeure Event it shall, immediately on becoming aware of the Force Majeure Event, give notice of and describe in detail: :
(ai) That the Force Majeure Event(s) that has occurred; ;
(bii) the The obligation(s) affected as described in this Article 19; affected;
(ciii) the The dates of commencement and estimated cessation of such event of Force Majeure; and Majeure Event;
(div) the The manner in which the Force Majeure Event(s) affect the Party’s affects its ability to perform its obligation(s) under this Agreement; and
(v) The nature and extent of relief sought if any, the SFM Agreement. No Party Selected Airline Operator shall not be able to suspend or excuse the non-performance of its obligations hereunder unless such Party it has given the notice specified above.
(ii) 14.4.2 The affected Party Selected Airline Operator shall have the right to suspend the performance of the obligation(s) affected as described in Article 19.1.4 (i) aboveaffected, upon delivery of the notice of the occurrence of a Force Majeure Event in accordance with Article 19.1.4(i) sub-clause 14.4.1 above. The affected PartySelected Airline Operator, to the extent rendered unable to perform it is prevented from performing its obligations or part thereof under the SFM this Agreement, as a consequence of the Force Majeure Event, shall be excused from performance of the obligations provided that the excuse from performance shall be of no greater scope and of no longer duration than is reasonably warranted by the Force Majeure Event.
(iii) 14.4.3 The time granted for performance by the affected Party of any obligation or compliance by the affected Party with any time limit affected by Force Majeure Event, and for the exercise of any right affected therebyby the Selected Airline Operator, shall be extended by over the period during which such Force Majeure Event continues and by such additional period thereafter as is necessary to enable the affected Party Selected Airline Operator to achieve the level of activity prevailing before the event of Force Majeure Event.
(iv) Each Party 14.4.4 The Selected Airline Operator shall bear its own costs, if any, incurred as a consequence of the Force Majeure Event.
(v) 14.4.5 The Party receiving the claim for relief under Force Majeure Event Authority shall, if it wishes to dispute the claim, give a written notice of Dispute dispute to the Party making the claim Selected Airline Operator within 30 (thirty) days of receiving the notice of claim. If the notice of claim is not contested within 30 (thirty) days as stated above, all the Parties Authority shall be deemed to have accepted the validity of the claim. If any Party the Authority disputes a claim, the Parties shall follow the procedures set forth in Article 23Clause 19 regarding dispute settlement.
14.4.6 It is clarified that the term of the Agreement shall be deemed to have been extended by a period which shall be equal to the duration for which such Force Majeure Event continued and by such additional period thereafter as is necessary to enable the Selected Airline Operator to achieve the level of activity prevailing before the event of Force Majeure Event.
Appears in 1 contract
Samples: Selected Airline Operator Agreement