Force Majeure Extension definition
Examples of Force Majeure Extension in a sentence
If the requirements of clauses (ii) and (iii) of the proviso to the immediately preceding sentence are not met, Seller shall be deemed to have waived (and shall not be entitled to) Force Majeure Extension in connection with the applicable event of Force Majeure.
If Seller cannot meet the Initial Delivery Date as a result of a Force Majeure or a Force Majeure Extension as Notified by Seller in the case of Delivery Conditions in Sections 2.2(a)(i) and 2.2(a)(iii) through 2.2(a)(viii), in accordance with this Article Eight, then Sections 8.1(d) and (e) shall apply.
If Seller cannot meet the Initial Delivery Date as a result of a Force Majeure or a Force Majeure Extension as Notified by Seller in the case of Delivery Conditions in Sections 2.2(a)(i), 2.2(a)(iii), 2.2(a)(iv) or 2.2(a)(v), in accordance with this Article Eight, then Sections 8.1(d) and (e) shall apply.
Either Party shall have the right, but not the obligation, to terminate this Agreement due to Seller’s failure to achieve the Initial Delivery Date due to a failure to achieve the Delivery Conditions in Sections 2.2(a)(i) and 2.2(a)(iii) through 2.2(a)(viii) following a Force Majeure Extension.
Notwithstanding anything to the contrary in this Agreement, only the Initial Delivery Date and the respective due dates for the Delivery Conditions in Sections 2.2(a)(i) and 2.2(a)(iii) through 2.2(a)(viii) may be extended in the event of Force Majeure (“Force Majeure Extension”); provided that Seller provides Notice to Buyer of such Force Majeure Extension, works diligently to resolve the effect of the Force Majeure and provides evidence of its efforts promptly to Buyer upon ▇▇▇▇▇’s written request.
Either Party shall have the right, but not the obligation, to terminate this Agreement due to Seller’s failure to achieve the IDD due to a failure to achieve the Delivery Conditions in Sections 2.2(a)(i) and 2.2(a)(iii) through 2.2(a)(viii) following a Force Majeure Extension.
Buyer shall have the right, but not the obligation, to terminate this Agreement due to Seller’s failure to achieve the Initial Delivery Date due to a failure to achieve the Delivery Conditions in Sections 2.2(a)(i), 2.2(a)(iii), 2.2(a)(iv), or 2.2(a)(v) following a Force Majeure Extension.
Notwithstanding anything to the contrary in this Agreement, only the IDD and the respective due dates for the Delivery Conditions in Sections 2.2(a)(i) and 2.2(a)(iii) through 2.2(a)(viii) may be extended in the event of Force Majeure (“Force Majeure Extension”); provided that Seller provides Notice to Buyer of such Force Majeure Extension, works diligently to resolve the effect of the Force Majeure and provides evidence of its efforts promptly to Buyer upon ▇▇▇▇▇’s written request.
If Landlord properly exercises any such Force Majeure Extension Option, the Accelerated Force Majeure Period and the Aggregate Force Majeure Period shall each be extended for thirty (30) days for each such option so exercised.
Either Party shall have the right, but not the obligation, to terminate this Agreement due to Seller’s failure to achieve the Initial Delivery Date due to a failure to achieve the Delivery Conditions in Sections 2.2(a)(i), 2.2(a)(iii), 2.2(a)(iv), or 2.2(a)(v) following a Force Majeure Extension.