Common use of Termination for Certain Events of Force Majeure Clause in Contracts

Termination for Certain Events of Force Majeure. If any obligation of any Party under the contract is or is reasonably expected to be delayed or prevented by a Force Majeure event for a continuous period of more than 3 month during the Term of the contract, the contract may be terminated at the discretion of either party and it shall not be liable to the other for any consequences arising on account of such termination.

Termination for Certain Events of Force Majeure. If any obligation of any Party under the contract Contract is or is reasonably expected to be delayed or prevented by a Force Majeure event for a continuous period of more than 3 month during months, the Term Parties shall promptly discuss in good faith how to proceed with a view to reaching a solution on mutually agreed basis. If a solution on mutually agreed basis cannot be arrived at within a period of 30 days after the expiry of the contractperiod of three months, the contract may Contract shall be terminated at after the discretion said period of either party 30 days and it neither Party shall not be liable to the other for any consequences arising on account of such termination.