Common use of Termination for Extended Force Majeure Clause in Contracts

Termination for Extended Force Majeure. If a Force Majeure continues, or its consequence remains, such that Seller is unable to substantially comply with its obligations under this Agreement with respect to all Plants continuously for a period in excess of 12 Months, then, provided such Force Majeure is still in effect at the time of notice, Buyer may terminate this Agreement upon 30 Days’ advance notice without any liability upon either of the Parties to the other Party except to the extent that any amount shall have accrued prior to the occurrence of the event of Force Majeure.

Appears in 3 contracts

Samples: Ethylene Sales Agreement, Ethylene Sales Agreement (Westlake Chemical Partners LP), Ethylene Sales Agreement (Westlake Chemical Partners LP)

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Termination for Extended Force Majeure. If a Force Majeure continues, or its consequence remains, such that Seller Buyer is unable to substantially comply with its obligations under this Agreement with respect to all Plants continuously for a period in excess of 12 Months, then, provided such Force Majeure is still in effect at the time of notice, Buyer Seller may terminate this Agreement upon 30 Days’ advance notice without any liability upon either of the Parties to the other Party except to the extent that any amount shall have accrued prior to the occurrence of the event of Force Majeure.

Appears in 3 contracts

Samples: Feedstock Supply Agreement, Feedstock Supply Agreement (Westlake Chemical Partners LP), Supply Agreement (Westlake Chemical Partners LP)

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