Common use of Force Majeure Clause in Contracts

Force Majeure. 15.1. The obligations of either party under these Credit Terms shall be suspended for such period during as that party is prevented from complying with its obligations due to Force Majeure, provided that the party: a) is making every effort to perform its obligations under the agreement and b) performs its obligations once the Force Majeure event has ceased to exist, within the reasonable time specified by the other party. 15.2. For the avoidance of doubt, Force Majeure shall only suspend the obligation of a Party only to the extent that it is impossible for such party to perform them. In no way does it release the party from the obligation to fulfil other obligations under the contract.