Termination Due to occurrence of Force Majeure event Sample Clauses

Termination Due to occurrence of Force Majeure event. Without prejudice to any other rights or remedies available under this Agreement, the Agreement may be terminated through mutual consent of parties upon occurrence and continued persistence beyond 180 (one hundred eighty) days of a Force Majeure Event as mentioned in Article 24.
AutoNDA by SimpleDocs

Related to Termination Due to occurrence of Force Majeure event

  • Termination due to Force Majeure 13.5.1 If the Force Majeure Event or its effects continue to be present beyond the period as specified in Article 4.5.3, either Party shall have the right to cause termination of the Agreement. In such an event, this Agreement shall terminate on the date of such Termination Notice.

  • Notification of Force Majeure Event 11.5.1 The Affected Party shall give notice to the other Party of any event of Force Majeure as soon as reasonably practicable, but not later than seven (7) days after the date on which such Party knew or should reasonably have known of the commencement of the event of Force Majeure. If an event of Force Majeure results in a breakdown of communications rendering it unreasonable to give notice within the applicable time limit specified herein, then the Party claiming Force Majeure shall give such notice as soon as reasonably practicable after reinstatement of communications, but not later than one (1) day after such reinstatement. Provided that such notice shall be a pre-condition to the Affected Party’s entitlement to claim relief under this Agreement. Such notice shall include full particulars of the event of Force Majeure, its effects on the Party claiming relief and the remedial measures proposed. The Affected Party shall give the other Party regular (and not less than monthly) reports on the progress of those remedial measures and such other information as the other Party may reasonably request about the Force Majeure Event.

  • Available Relief for a Force Majeure Event 11.7.1 Subject to this Article 11:

Time is Money Join Law Insider Premium to draft better contracts faster.