Common use of Remedial Efforts Clause in Contracts

Remedial Efforts. If a Force Majeure Event occurs, the Party unable to perform by reason of that Force Majeure Event shall use reasonable efforts to resume its performance under this Agreement as soon as practicable, to mitigate the consequences of the Force Majeure Event, and to limit damages to the other Party; provided that no Party shall be required to settle any strike, walkout, lockout, or other labor dispute on terms which, in the Party’s sole discretion, are contrary to its interests.

Appears in 13 contracts

Samples: Reliability Must Run Agreement, Reliability Must Run Agreement, Reliability Must Run Agreement

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