Force Majeure Condition definition
Force Majeure Condition means a force majeure event or condition described in Paragraph 3.15,
Force Majeure Condition means any condition or event beyond the reasonable control of the party affected thereby, including fire, explosion, or other casualty, act of God, war or civil disturbance, acts of public enemies, embargo, the performance or non-performance of third parties, acts of city, state, local or federal governments in their sovereign, regulatory, or contractual capacity, labor difficulties, and strikes, but specifically excluding a party's failure to be Year 2000 Compliant. If a Force Majeure Condition occurs, the party delayed or unable to perform shall give prompt notice of such occurrence to the other party. The party affected by the other party's inability to perform may, after sixty (60) days, elect to either terminate this Agreement or continue performance with the option of extending the terms of the Agreement up to the length of time the Force Majeure Condition endures. The party experiencing the Force Majeure Condition must inform the other party in writing when such a condition ceases to exist. Each party shall, with the cooperation of the other, exercise all reasonable efforts to mitigate the extent of a delay or failure resulting from a Force Majeure Condition.
Force Majeure Condition shall have the meaning set forth in Section 15.6 hereto.
Examples of Force Majeure Condition in a sentence
Each party shall give the other immediate notice of any event that such party claims is a Force Majeure Condition that would prevent the party from performing its obligations hereunder, and of the cessation of the condition.
A party’s notice under this Section shall include the party’s good faith estimate of the likely duration of the Force Majeure Condition.
If any Force Majeure Condition occurs, the party delayed or unable to perform shall give prompt written notice to the other party, stating the nature of the Force Majeure Condition and any action being taken to avoid or minimize its effect.
Each party shall, with the cooperation of the other, exercise all reasonable efforts to mitigate the extent of a delay or failure resulting from a Force Majeure Condition.
If any Force Majeure Condition occurs, the party delayed or unable to perform shall give immediate written notice to the other party, stating the nature of the Force Majeure Condition and any action being taken to avoid or minimize its effect.
More Definitions of Force Majeure Condition
Force Majeure Condition has the meaning set forth in Section 25.2.
Force Majeure Condition means any condition or event beyond the control of the Party affected thereby, including, but not limited to, fire, explosion, or other casualty, act of God, war or civil disturbance, acts of public enemies, embargo, the performance or non-performance of third parties, acts of city, state, local or federal governments in their sovereign, regulatory, or contractual capacity, labor difficulties and strikes.
Force Majeure Condition has the meaning set forth in Section 11(b).
Force Majeure Condition means a condition by reason of which the construction of the of the Project is prevented or materially impeded through no fault of the Developer, due to acts of God, extreme and extraordinary weather conditions, strikes, lockouts, labor troubles, inability to procure materials, failure of power, extreme and extraordinary governmental delay, pandemics, riots or other events
Force Majeure Condition means any condition or event beyond the reasonable control of the party affected thereby, including fire, explosion, or other casualty, act of God, war or civil disturbance, acts of public enemies, embargo, acts of city, state, local or federal governments in their sovereign, regulatory, or contractual capacity, labor difficulties, and strikes, but specifically excluding a party's failure to be Year 2000 Compliant. If a Force Majeure Condition occurs, the party delayed or unable to perform shall give prompt notice of such occurrence to the other party. The party affected by the other party's inability to perform may, after sixty (60) days, elect to either terminate this Agreement or continue performance with the option of extending the terms of the Agreement up to the length of time the Force Majeure Condition endures. The party experiencing the Force Majeure Condition must inform the other party in writing when such a condition ceases to exist. Each party shall, with the cooperation of the other, exercise all reasonable efforts to mitigate the extent of a delay or failure resulting from a Force Majeure Condition.
Force Majeure Condition means a force majeure event or condition described in ▇▇▇▇▇▇▇▇▇ ▇.▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇▇.
Force Majeure Condition means any condition or event that hinders or prevents any Party from performing under this Agreement that is reasonably beyond the control of such Party and is not a result of such Party's fault, negligence, error or omission. To illustrate but not limit, examples of Force Majeure Condition are: fire; explosion; severely inclement weather, such as storms; flood; seismic activity, such as earthquake or tremor; geologic conditions, such as volcanic eruption, sinkholes, and landslides; war (declared or undeclared); blockade or quarantine; acts of terrorism; insurrection, riot or other civil disturbance; compliance with order or act of de jure or de facto government, or of any official purporting to act under color of authority of any such government (other than as to regulatory matters for which responsibility is provided for in this Agreement); illegality arising from domestic or foreign laws or regulations; custom restriction and acts of God, provided however that breakdown of equipment, inadequate utility service, labor unrest, lack of funds and similar events shall not be deemed Force Majeure Condition.