Examples of Claiming Party in a sentence
The Party receiving such notice of Force Majeure will have until the end of the fifth (5th) Business Day following such receipt to notify the Claiming Party that it objects to or disputes the existence of Force Majeure.
If a Party is prevented by Force Majeure from carrying out, in whole or part, its obligations under this Agreement (the “Claiming Party”) and gives notice and details of to the other Party as soon as practicable, then the Claiming Party shall be excused from the performance of its obligations under this Agreement (other than the obligation to make payments then due or becoming due with respect to performance prior to the Force Majeure).
The Claiming Party shall remedy the Force Majeure with all reasonable dispatch.
The Party receiving such notice of Force Majeure will have until the end of the Business Day following such receipt to notify the Claiming Party that it objects to or disputes the existence of Force Majeure.