Common use of Second Paragraph Clause in Contracts

Second Paragraph. The Party affected by the event of Higher Power commits itself to either adopt all the measures that may be at its reach to overcome the effects resulting from the Higher Power that upset the fulfillment of its obligations or mitigate the extension of these effect with a view on the fulfillment, even if partial, of its obligations in the terms of this Contract. Third Paragraph- Having ceased the event of Higher Power, the Party that had been affected by such must communicate the fact to the other Party in the deadline of 24 (twenty-four) hours, through written notification, and retake immediately the fulfillment of the affected obligations in the terms of this Contract.

Appears in 4 contracts

Samples: Contract of Purchase and Sale of Electrical Energy (Energy Co of Espirito Santo), Contract of Purchase and Sale of Electrical Energy (Energy Co of Espirito Santo), Contract of Purchase and Sale of Electrical Energy (Energy Co of Espirito Santo)

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Second Paragraph. The Party affected by the event of Higher Power commits itself to either adopt all the measures that may be at its reach to overcome the effects resulting from the Higher Power that upset the fulfillment of its obligations or mitigate the extension of these effect effects with a view on the fulfillment, even if partial, of its obligations in the terms of this Contract. Third Paragraph- Having ceased the event of Higher Power, the Party that had been affected by such must communicate the fact to the other Party in the deadline of 24 (twenty-twenty four) hours, through written notification, and retake immediately the fulfillment of the affected obligations in the terms of this Contract.

Appears in 1 contract

Samples: Contract of Purchase and Sale of Electrical Energy (Energy Co of Espirito Santo)

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Second Paragraph. The Party affected by the event of Higher Power commits itself to either adopt all the measures that may be at its reach to overcome the effects resulting from the Higher Power that upset the fulfillment of its obligations or mitigate the extension of these effect with a view on the fulfillment, even if partial, of its obligations in the terms of this Contract. Third Paragraph- Paragraph - Having ceased the event of Higher Power, the Party that had been affected by such must communicate the fact to the other Party in the deadline of 24 (twenty-twenty four) hours, through written notification, and retake immediately the fulfillment of the affected obligations in the terms of this Contract.

Appears in 1 contract

Samples: Contract of Purchase and Sale of Electrical Energy (Energy Co of Espirito Santo)

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