Common use of Unexpected Events Clause in Contracts

Unexpected Events. ‌ (a) If an Unexpected Event prevents or delays a party (Affected Party) from performing any obligation under this Agreement (other than payment of amounts due): (i) as soon as is reasonably practicable, but no later than three Business Days after the commencement of the Unexpected Event, the Affected Party must give a notice to the other parties and the Governance Committee: A. describing the Unexpected Event; B. specifying the impacted obligation and the extent to which the Affected Party cannot perform those obligations; C. if possible, estimate the period of delay due to the Unexpected Event; and D. specifying the measures proposed to be adopted to remedy or minimise the disruption caused by the Unexpected Event, and those obligations will be suspended for so long as the Unexpected Event continues; and (ii) the Affected Party must use reasonable efforts to mitigate the effects of the Unexpected Event. (b) If the Unexpected Event continues for a period of 30 Business Days or more, the Governance Committee will further consider the appropriate actions to take in accordance with this Agreement.

Unexpected Events. ‌ (a) If an Unexpected Event prevents or delays a party (Affected Party) from performing any obligation under this Agreement (other than payment of amounts due): (i) as soon as is reasonably practicable, but no later than three Business Days after the commencement of the Unexpected Event, the Affected Party must give a notice to the other parties and the Governance Committeeparty: A. describing the Unexpected Event; B. specifying the impacted obligation obligations and the extent to which the Affected Party cannot perform those obligations; C. if possible, estimate estimating the period of delay due to the Unexpected Event; and D. specifying the measures proposed to be adopted to remedy or minimise the disruption caused by the Unexpected Event, and those obligations will be suspended for so long as the Unexpected Event continues; and (ii) the Affected Party must use reasonable efforts to mitigate the effects of the Unexpected Event. (b) If the Unexpected Event continues for a period of 30 Business Days or more, the Governance Committee will further consider the appropriate actions to take in accordance with this Agreement.

Unexpected Events. ‌ (a) If an Unexpected Event prevents or delays a party (Affected Party) from performing any obligation under this Agreement (other than payment of amounts due): (i) as soon as is reasonably practicable, but no later than three Business Days after the commencement of the Unexpected Event, the Affected Party must give a notice to the other parties and the Governance Committee: A. describing the Unexpected Event; B. specifying the impacted obligation and the extent to which the Affected Party cannot perform those obligations; C. if possible, estimate the period of delay due to the Unexpected Event; and D. specifying the measures proposed to be adopted to remedy or minimise the disruption caused by the Unexpected Event, and those obligations will be suspended for so long as the Unexpected Event continues; and (ii) the Affected Party must use reasonable efforts to mitigate the effects of the Unexpected Event. (b) If the Unexpected Event continues for a period of 30 Business Days or more, the Governance Committee will further consider the appropriate actions to take in accordance with this Agreement.

Unexpected Events. ‌ (a) If an Unexpected Event prevents or delays a party (Affected Party) from performing any obligation under this Agreement (other than payment of amounts due): (i) as soon as is reasonably practicable, but no later than three Business Days business days after the commencement of the Unexpected Event, the Affected Party must give a notice to the other parties and the Governance Committee: A. describing the Unexpected Event; B. specifying the impacted obligation and the extent to which the Affected Party cannot perform those obligations; C. if possible, estimate the period of delay due to the Unexpected Event; and D. specifying the measures proposed to be adopted to remedy or minimise the disruption caused by the Unexpected Event, and those obligations will be suspended for so long as the Unexpected Event continues; and (ii) the Affected Party must use reasonable efforts to mitigate the effects of the Unexpected Event. (b) If the Unexpected Event continues for a period of 30 Business Days or more, the Governance Committee will further consider the appropriate actions to take in accordance with this Agreement.