Common use of Termination for prolonged Force Majeure Clause in Contracts

Termination for prolonged Force Majeure. If it is foreseeable that the circumstances of Force Majeure and/or the effects thereof may exceed a period of three (3) months or if several cases of Force Majeure will affect more than 50% of the contracted period of the FM Affected Party over a 3 months period during the Delivery Period, the Party not affected by the Force Majeure circumstances shall have the right to terminate the GSA giving a two week prior written notice of such termination.

Appears in 2 contracts

Samples: Sales Agreement, Sales Agreement

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Termination for prolonged Force Majeure. If it is foreseeable that the circumstances of Force Majeure and/or the effects thereof may exceed a period of three one (31) months or if several cases of Force Majeure will affect more than 50% of the contracted period of the FM Affected Party over a 3 months period during the Delivery Period, month the Party not affected by the Force Majeure circumstances shall have the right to terminate the GSA giving a two week prior written notice of such termination.

Appears in 2 contracts

Samples: Gas Sales Agreement, Sales Agreement

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