Vis maior Sample Clauses

Vis maior. 12.1 If the performance becomes impossible for reasons for which neither Party is responsible, this Agreement is not terminated automatically when the reason occurs. The Party becoming aware about the reason shall promptly notify the other Party in writing and shall initiate consultation within 8 days. The Parties shall complete the consultations within 10 days. 12.2 The Parties shall take minutes of the consultation, which records their agreement on averting the reasons endangering the Agreement, and the time needed to resolve the problem.
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Vis maior. HC Heat shall not be liable for any delay or any failure to perform any obligation in this Agreement due to any cause beyond its reasonable control, including, but not limited to strikes, lockouts or any other industrial action, sabotage, terror, riot, invasion, fire, explosion, storm, flood, subsidence, pandemic or other natural or physical disaster, delays by railway, impossibility of the use of railways, shipping, aircraft, motor transport or other means of public or private transport, or any act or policy of the authority local, provincial or national or other authority. Upon the occurrence of any event referred to above, the performance of such obligation shall be suspended for as long as the cause in the question continues to operate, provided always that the party affected by such cause shall promptly give notice to the other of such fact if reasonable possible.
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Vis maior. Neither Party shall be liable to the other to the extent that performance of its obligations is hindered, delayed or prevented by any circumstances beyond the reasonable control of that Party (hereinafter “vis maior”) provided that each Party gives the other Party prompt written notice of the occurrence of such vis maior and exerts good faith efforts to cure the breach.
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Related to Vis maior

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