Force Majeure Rate definition

Force Majeure Rate has the meaning given in Appendix A, Section 1.2(e).
Force Majeure Rate. The Force Majeure Rate shall be payable during any period in which operations are not being carried on because of force majeure up to a maximum of 20 days. day Standby rate with or without crew, whichever is applicable. CONSUMABLES (PROVISIONAL SUMS)
Force Majeure Rate. Shall be as listed in Exhibit C for any continuous period that agreed upon times of operation are suspended or cannot be carried on due to conditions of a Force Majeure Event.

Examples of Force Majeure Rate in a sentence

  • The Force Majeure Rate shall be payable during the first 15 days period of force majeure situation incase of all operations.

  • In such cases, the obligations of the party giving the notice shall be suspended during the continuance of any inability so caused except that Operator shall be obligated to pay to Contractor the Force Majeure Rate provided for in Subparagraph 4.8 above.

  • The Force Majeure Rate shall be payable during the first 10 days period of Force Majeure situation.

  • The Force Majeure Rate shall be payable during the first 15 days period of Force Majeure in case of all operations.

  • This will be considered as Force Majeure Rate.ii) The Force Majeure Rate shall be payable during the first 10 days period of Force Majeure in case of all operations.

  • In such cases, the obligations of the Party giving notice shall be suspended during the continuance of any inability so caused except that Company shall be obliged to pay to Contractor the Force Majeure Rate provided for in Paragraph 7.6.

  • The Force Majeure Rate shall be payable during the first 10 days period of Force Majeure in case of all operations.

  • Force Majeure Rate shall be payable during the first 10 days period of Force Majeure.

  • This will be considering as Force Majeure Rate.(b) The Force Majeure Rate shall be payable during the first 15 days period of Force Majeure in case of all operations.

  • The Force Majeure Rate shall be payable during the first 15(Fifteen) days period of force majeure condition.


More Definitions of Force Majeure Rate

Force Majeure Rate means the rate described in Schedule F;
Force Majeure Rate. [US$6,760 (six thousand seven hundred and sixty US Dollars only) per day The rate applicable when work is not being performed in accordance with Article 23 of this Agreement. Reduced Rate (same as Re-Entry Rate): US$6,760 (six thousand seven hundred and sixty US Dollars) per day. Moving Lump Sum: US$70,000 (seventy thousand US Dollars) per move within ten (10) KM US$82,000 (eighty-two thousand US Dollars) per move within thirty (30) KM US$6,000 (six thousand US Dollars) every 5 KM for rig move more than 30 KM The sum payable for moving rig and all Company’s equipment from release of rig on one well until rig up is complete on next well and accepted by Company Representative. Company shall pay such invoice 30 days from receipt of invoices following completion of move. Catering Rates: US$25 (twenty five US Dollars) Room only per day per person US$5 (five US Dollars) breakfast per meal per person US$10 (ten US Dollars) lunch per meal per person US$10 (ten US Dollars) supper per meal per person Prevailing Interest Rate: Determined as Libor (%), Early Termination Fee: US$125,000 (one hundred and twenty five thousand US Dollars). Each side agrees to open Letter of Credit (LC) account for this amount. In case Early Termination is caused by the COMPANY, the CONTRACTOR is entitled to collect Early Termination Fee from the COMPANY’s LC account. Also, if the termination is caused by the CONTRACTOR, then the COMPANY is entitled to withdraw Early Termination Fee from CONTRACTOR’s LC account. Contractor’s personnel A deduction calculated at the rates set out below shall be made from the amount due to Contractor in respect of any non-provision of personnel. It is understood that manpower shortages for up to twenty-four (24) hours per incident will be accepted by Company without reduction in the applicable day rates when any of the personnel as listed below are removed from rig Location for illness, injury or emergency reasons provided the reason for such absence is duly noted on the Daily Drilling Report. Excess personnel in one job classification may not be used to fill vacancies in another job classification unless specifically approved by Company’s Drilling Supervisor. Contractor will reduce its invoiced amount to Company for each month in which manpower shortages actually occurred. Rig Based US$/Day Superintendent 85 Toolpusher(E) 75 Driller(E) 65 Contract No. GN - 070/RIG/NOC Provision of Drilling Rig Services Page 36 Rig Based US$/Day Driller(L) 30 Assistant Drille...
Force Majeure Rate. This rate is set forth at Exhibit "A", Item 8. The Force Majeure Rate shall be payable whenever a condition of force majeure exists as described in Article 20. Total payments under this Clause 30.8 shall not exceed $100,000 during the initial terms of this contract and $50,000 during subsequent terms.
Force Majeure Rate. This rate is set forth at Exhibit "A", Item 8 and is calculated as sixty-five percent (65%) of the Operating Day Rate. The Force Majeure Rate shall be payable whenever a condition of force majeure exists as described in Article 20.
Force Majeure Rate has the meaning set out in ‎schedule 6 – Schedule of Rates;

Related to Force Majeure Rate

  • Force Majeure Period has the meaning specified in Section 13.1.

  • Force Majeure Delay means with respect to the Servicer, any cause or event which is beyond the control and not due to the negligence of the Servicer, which delays, prevents or prohibits such Person’s delivery of the reports required to be delivered or the performance of any other duty or obligation of the Servicer under the Indenture, as the case may be, including, without limitation, computer, electrical and mechanical failures, acts of God or the elements and fire; provided, that no such cause or event shall be deemed to be a Force Majeure Delay unless the Servicer shall have given the Indenture Trustee written notice thereof as soon as practicable after the beginning of such delay.

  • Force Majeure Event means any event due to any cause beyond the reasonable control of the Party, including, without limitation, unavailability of any communication system, sabotage, fire, flood, explosion, acts of God, civil commotion, strikes or industrial action of any kind, riots, insurrection, war or acts of government.

  • Force Majeure Delays means any actual delay in the construction of the Tenant Improvements, which is beyond the reasonable control of Landlord or Tenant, as the case may be, as described in Paragraph 33 of the Lease.

  • Force Majeure means an event beyond the control of the supplier and not involving the supplier’s fault or negligence and not foreseeable. Such events may include, but is not restricted to, acts of the purchaser in its sovereign capacity, wars or revolutions, fires, floods, epidemics, quarantine restrictions and freight embargoes.

  • Force Majeure Report means a report to be given by the Affected Party to the other party following the giving of a Force Majeure Notice;

  • Force Majeure Events means acts of war, domestic and/or international terrorism, civil riots or rebellions, quarantines, embargoes and other similar unusual governmental actions, extraordinary elements of nature or acts of God.

  • Force Majeure Notice means a notice to be given by the Affected Party to the other party stating that a Force Majeure Event has occurred;

  • Force Majeure Exception means any failure or delay in the performance of the Fund’s reporting obligation pursuant to Section 2.3 arising out of or caused, directly or indirectly, by circumstances beyond its reasonable control, including, without limitation, acts of God; earthquakes; flood; terrorism; wars and other military disturbances; sabotage; epidemics; riots; loss or malfunctions of utilities, computer (hardware or software) or communication services; accidents; acts of civil or military authority and governmental action. The Fund shall use commercially reasonable efforts to commence performance of its obligations during any of the foregoing circumstances.

  • Excused Outage means any disruption to or unavailability of Services caused by or due to (i) Scheduled Maintenance,

  • Unavoidable Delay means an event which delays Closing which is a strike, fire, explosion, flood, act of God, civil insurrection, act of war, act of terrorism or pandemic, plus any period of delay directly caused by the event, which are beyond the reasonable control of the Vendor and are not caused or contributed to by the fault of the Vendor. “Unavoidable Delay Period” means the number of days between the Purchaser’s receipt of written notice of the commencement of the Unavoidable Delay, as required by paragraph 5(b), and the date on which the Unavoidable Delay concludes.

  • Forced Outage means any unplanned reduction or suspension of the electrical output from the Project or unavailability of the Project in whole or in part from a Unit in response to a mechanical, electrical, or hydraulic control system trip or operator-initiated trip in response to an alarm or equipment malfunction and any other unavailability of a Unit for operation, in whole or in part, for maintenance or repair that is not a Planned Outage and not the result of Force Majeure.

  • Unavoidable Delays means delays due to any of the following, and only the following, (provided that such delay is beyond Construction Manager’s reasonable control): war, insurrection, civil commotion, strikes, slowdowns, lock outs, riots, flood, earthquakes, fires, casualties, acts of God, acts of a public enemy, acts of terrorism, epidemics, quarantine restrictions, freight embargoes, lack of transportation, governmental moratoriums, unusually severe or abnormal weather conditions, failure of utilities, or a court order which causes a delay (unless resulting from a wrongful act of Construction Manager). In no event shall the application to Construction Manager of any applicable law, regulation, rule or other governmental requirement constitute an Unavoidable Delay. Contractor shall use reasonable good faith efforts to notify Owner not later than five (5) days after Construction Manager knows of the occurrence of an Unavoidable Delay. An extension of time for an Unavoidable Delay shall only be for the period of the Unavoidable Delay, which period shall commence to run from the time of the commencement of the cause of the Unavoidable Delay.

  • Excused Downtime means the number of minutes in the Charging Period, rounded to the nearest minute that the link state of Customer’s Port is ‘down’ due to:

  • Uncontrollable Circumstance means any event which:

  • Event of Force Majeure means one of the following events:

  • Tenant Delays A "Tenant Delay" shall mean any delay in Substantial Completion of the Building as a result of any of the following: (i) Tenant's failure to complete or approve the Tenant Improvement Plans by the dates set forth in Section 5.B, (ii) Tenant's failure to approve the bids for construction by the dates set forth in Section 5.C, (iii) changes to either the Shell Plans and Specifications or the Tenant Improvement Plans requested by Tenant which delay the progress of the work, (iv) Tenant's request for materials, components or finishes which are not available in a commercially reasonable time given the target Commencement Date, (v) Tenant's failure to make a progress payment for Tenant Improvement costs as provided in Section 5.F, (vi) Tenant's request for more than one (1) rebidding of the cost of all or a portion of the work, and (vii) any errors or omissions in the Tenant Improvement Plans provided by Tenant's architect. In the event Landlord believes Tenant is causing a Tenant Delay, Landlord shall notify Tenant in writing, state the action or inaction that it believes is causing the Tenant Delay, and state the date from which a Tenant Delay is being calculated. Claim of Tenant Delay shall be made within five (5) days after Landlord's discovery of the occurrence of the event giving rise to such claim. Tenant shall have the right to expedite work, at its sole cost, to minimize the effect of any Tenant Delays, to the extent it is practicable to do so. However, no Tenant Delay shall advance the Commencement Date to a date before the estimated Commencement Date of October 1, 2001. Notwithstanding anything to the contrary set forth in this Lease and regardless of the actual date the Premises are Substantially Complete (but subject to the limitation in the preceding sentence), the Commencement Date shall be deemed to be the date the Commencement Date would have occurred if no Tenant Delay had occurred as reasonably determined by Landlord. In addition, if a Tenant Delay results in an increase in the cost of the labor or materials, Tenant shall pay the cost of such increases.

  • Tenant Delay Any event or occurrence that delays the completion of the Landlord Work which is caused by or is described as follows:

  • Excusable Delay means a delay due to acts of God, governmental restrictions, stays, judgments, orders, decrees, enemy actions, civil commotion, fire, casualty, strikes, work stoppages, shortages of labor or materials or other causes beyond the reasonable control of Borrower, but lack of funds in and of itself shall not be deemed a cause beyond the control of Borrower.

  • Excusable Delays means delays due to acts of terrorism, acts of war or civil insurrection, strikes, riots, floods, earthquakes, fires, tornadoes, casualties, acts of God, labor disputes, governmental restrictions or priorities, embargoes, national or regional material shortages, failure to obtain regulatory approval from any Federal or State regulatory body, unforeseen site conditions, material litigation by parties other than the Parties not caused by the Parties’ failure to perform, or any other condition or circumstances beyond the reasonable or foreseeable control of the applicable party using reasonable diligence to overcome which prevents such party from performing its specific duties or obligation hereunder in a timely manner.

  • Unplanned Outage refers to the unavailable status of the units of the Power Plant other than Planned Outage. Based on the urgency of the needs of outage, the Unplanned Outage can be classified into five categories: (1) immediate outage; (2) the outage which could be delayed for a short while but the units must exit within six hours; (3) the outage which could be postponed over six hours but the units must exit within seventy-two hours; (4) the outage which could be deferred over seventy-two hours but the units must exit before the next Planned Outage; and (5) the prolonged outage which is beyond the period of the Planned Outage.

  • Landlord Delay means any actual delay in the completion of the Improvements as a result of Landlord’s breach or material default under this Third Amendment (including, without limitation, any breach of representation or warranty); any delays relating to any of the matters specified in Section 5.3 of Exhibit B; any failure to respond to any items required to be furnished or approved by Landlord within a time period expressly set forth in this Third Amendment or the Lease (unless a deemed approval is specified, in which case no Landlord Delay shall be assessed); Landlord’s failure to allow contractors access to the Building or Premises as scheduled in advance with the Building’s property manager or Landlord’s request for material changes in the fmal Plans and Specifications after Landlord’s approval thereof (unless such request was caused by an error or omission by Tenant), provided, however, that notwithstanding the foregoing, no Landlord Delay shall be deemed to have occurred unless and until Tenant has delivered to Landlord a factually correct written notice (the “Landlord Delay Notice”), specifying the bona fide action or inaction which Tenant contends constitutes the Landlord Delay. If such action or inaction is not cured by Landlord within two (2) business days of Landlord’s receipt of such Landlord Delay Notice, then the Landlord Delay shall be deemed to have occurred as of the expiration of such two (2) business day period. A delay in construction of the Improvements due to a Tenant Delay (as defined in Exhibit B, attached to and part of the Original Lease), any Force Majeure event or a delay by any governmental authority (including but not limited to the City of Los Angeles) shall not be deemed a Landlord Delay. Any Landlord Delay Notice shall be sent to the notice address set forth in the Lease with copies to (a) to the property manager at the management office of the Building; and to (b) Xxxxxxx Xxxxxx Management LLC, 000 Xxxxxxxx Xxxxxxxxx, Xxxxx 000, Xxxxx Xxxxxx, Xxxxxxxxxx 00000, Attention: Leasing Legal Department Manager.

  • Affected Party has the meaning specified in Section 5(b).

  • Scheduled Outage has the meaning given to it in the Grid Code;