Common use of Termination due to a Force Majeure Event Clause in Contracts

Termination due to a Force Majeure Event. (a) If a Force Majeure Event, not being a Force Majeure Event that prevents achievement of Financial Close as stipulated in Article 3.1 paragraph (c), lasts 180 Working Days without the Parties having reached agreement on the continuation of this Agreement, or once it becomes evident that the Agreement shall not be continued as a result of such a Force Majeure Event, either Party has the right to terminate the Agreement with immediate effect. (b) In the case of termination pursuant to paragraph (a), the Contracting Authority must pay the Contractor a compensation in accordance with Schedule 4 (Compensation for premature termination), paragraph 4 (Termination due to a Force Majeure Event).

Termination due to a Force Majeure Event. (a) If a Force Majeure Event, not being a Force Majeure Event that prevents achievement of Financial Close as stipulated in Article 3.1 paragraph (c), lasts 180 Working continues for [180] Business Days without and the Parties having have not reached an agreement on concerning the continuation of this Agreement, or once it becomes evident as much earlier as established that the Agreement shall is not to be continued as a result consequence of such a Force Majeure Event, either Party of the Parties has the right to terminate the this Agreement with immediate effect. (b) In the case event of termination pursuant to paragraph Paragraph (a), the Contracting Authority must pay compensation to the Contractor a compensation in accordance with Schedule 4 (Compensation for premature termination), paragraph Section 4 (Termination due to a Force Majeure Event) of Schedule 4 (Compensation for Early Termination).

Termination due to a Force Majeure Event. (a) If a Force Majeure Event, not being a Force Majeure Event that prevents achievement of Financial Close as stipulated in Article 3.1 paragraph (c), lasts 180 Working continues for [180] Business Days without and the Parties having have not reached an agreement on concerning the continuation of this Agreement, or once as much earlier as it becomes evident has been established that the Agreement shall not be continued as a result consequence of such a Force Majeure Event, either Party of the Parties has the right to terminate the this Agreement with immediate effect. (b) In the case event of termination pursuant to paragraph Paragraph (a), the Contracting Authority must pay compensation to the Contractor a compensation in accordance with Schedule 4 (Compensation for premature termination), paragraph Section 4 (Termination due to a Force Majeure Event) of Schedule 4 (Compensation for Early Termination).