Common use of Release from Delivery and Acceptance Obligations Clause in Contracts

Release from Delivery and Acceptance Obligations. If a Party is fully or partly prevented due to Force Majeure from performing its obligations of delivery or acceptance and such Party complies with the requirements of § 15.5 (Notification and Mitigation of Force Majeure), no breach or default on the part of the Claiming Party shall be deemed to have occurred and it shall be released (and not merely suspended) from those obligations for the period of time and to the extent that such Force Majeure prevents its performance.

Appears in 4 contracts

Samples: Power Purchase Agreement, Individual Power Purchase Agreement, Individual Power Purchase Agreement

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Release from Delivery and Acceptance Obligations. If a Party is fully or partly prevented due to Force Majeure from performing its obligations of delivery or acceptance and such Party complies with the requirements of § 15.5 (Notification and Mitigation of Force Majeure), no breach or default on the part of the Claiming Party shall be deemed to have occurred and it shall be released (and not merely suspended) from those obligations for the period of time and to the extent that such Force Majeure prevents its performance. 2.

Appears in 2 contracts

Samples: Individual Power Purchase Agreement, Individual Power Purchase Agreement

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Release from Delivery and Acceptance Obligations. If a Party is fully or partly prevented due to Force Majeure from performing its obligations of delivery or acceptance under one or more Individual Contracts and such Party complies with the requirements of § 15.5 (Notification and Mitigation of Force Majeure)6.3, no breach or default on the part of the Claiming Party shall be deemed to have occurred and it shall be released (and not merely suspended) from those obligations for the period of time and to the extent that such Force Majeure prevents its performance.;

Appears in 1 contract

Samples: General Agreement Concerning the Delivery and Acceptance of Electricity

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