Termination by Force Majeure. If a Party is prevented from carrying out the whole or a substantial part of its obligations by reason of an event of Force Majeure and such disability lasts for a continuous period of six (6) months or the Parties consider such event of Force Majeure to be of such severity and to be continuing for such a period of time that it effectively frustrates the original intention of this Sub-lease Agreement, this Sub-lease Agreement may be terminated by either Party by giving thirty (30) days' written notice to the other Party The termination of this Sub-lease Agreement shall not affect the rights and liabilities of the Parties which may have accrued as at the termination date in any manner whatsoever.
Appears in 3 contracts
Samples: Sub Lease Agreement, Sub Lease Agreement, Sub Lease Agreement
Termination by Force Majeure. If a Party is prevented from carrying out the whole or a substantial part of its obligations by reason of an event of Force Majeure and such disability lasts for a continuous period of six (6) months or the Parties consider such event of Force Majeure to be of such severity and to be continuing for such a period of time that it effectively frustrates the original intention of this Sub-lease Agreement, this Sub-lease Agreement may be terminated by either Party by giving thirty (30) days' written notice to the other Party Party. The termination of this Sub-lease Agreement shall not affect the rights and liabilities of the Parties which may have accrued as at the termination date in any manner whatsoever.
Appears in 2 contracts
Samples: Management Agreement, Management Agreement
