Fortuitous event definition

Fortuitous event means any occurrence or failure to occur which is, or is assumed by the parties to be, to a substantial extent beyond the control of either party.
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Fortuitous event means a natural or similar event beyond the reasonable control of man that is out of reasonable foreseeability and cannot be avoided without precautions beyond those of average diligence, for example unforeseeable weather conditions;
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Fortuitous event is defined as any unforeseen occurrence or any other event that renders performance of this conference inadvisable, illegal, impracticable or impossible, including but not limited to Acts of God, governmental restrictions and/or regulations; war or apparent act of war; terrorism or apparent act of terrorism, disaster, civil disorder, disturbance and/or riots; suspension and/or restriction on transportation facilities/means of transportation; performance failures of parties; reportable, communicable and virulent disease outbreak, public health emergency outside the control of the contracting parties; strikes or any other emergency making it commercially inadvisable, illegal, impracticable or impossible for either party to perform under this Agreement), In the event of Fortuitous event, refunds will not be given. Furthermore, the Company will be able to treat itself as wholly or partly released from its obligations to provide the Sponsorship Package and will not be under any liability to the Sponsor for any failure to perform its obligations.
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Examples of Fortuitous event in a sentence

  • Force Majeure and/or Fortuitous event shall never include any of the following circumstances: i) economic difficulties of any kind; ii) change in market conditions.

  • For the purpose of this contract, both Force Majeure and Fortuitous event HYDROCARBON EXPLORATORY AND PRODUCTION CONTRACT-LUNA LLENA 31 shall be releasing of liability and shall suspend the compliance of non-financial obligations affected by such circumstance, provided that they are an strange cause and the Party that receives the notice accepts the irresistibleness and impediment character of the alleged fact.

  • Fortuitous event and/or force majeure: the natural gas purchase and sale agreements are subject to the scope and legal effects of fortuitous event and force majeure, pursuant to the provisions of Article 1730 of the Argentine Civil and Commercial Code, and also provide for special cases, including regulatory issues that may be ordered by governmental authorities and limitations that may be imposed by the transporter.

  • Resolution No. 26, Series of 2009, Section 3.3 (A Resolution Amending the Rules for Approval of Regulated Entities' Capital Expenditure Projects) states that: If a Force Majeure or Fortuitous event, as the case may be, occurs, the affected Regulated Entity shall seek the ERC's confirmation of the implementation of capital expenditure projects arising from such event.

  • Fortuitous event: An occurrence beyond the control of a subscriber which impedes fulfilling his/her obligations, usually harmful and happening by chance and without the possibility of attributing its cause to anyone.

  • The MEPS‐IC is sponsored by the Agency for Healthcare Research and Quality and is fielded by the U.S. Census Bureau.

  • However, a better knowledge on the plant diversity is available for the State of Paraíba, and a few studies on the local flora are published or in progress (Pereira & Barbosa (2004, 2006).


More Definitions of Fortuitous event

Fortuitous event is defined as any unforeseen occurrineadnvcisaeble, oillergal, any impracticable or impossible, including but not limited to Acts of God, governmental restrictions and/or regulations; war or apparent act of war; terrorism or apparent act of terrorism, disaster, civil disorder, disturbance and/or riots; suspension and/or restriction on transportation facilities/means of transportation; performance failures of parties; reportable, communicable and virulent disease outbreak, public health emergency outside the control of the contracting parties; strikes or any other emergency making it commercially inadvisable, illegal, impracticable or impossible for either party to perform under this Agreement), In the event of Fortuitous event, refunds will not be given. Furthermore, the Company will be able to treat itself as wholly or partly released from its obligations to provide the Sponsorship Package and will not be under any liability to the Sponsor for any failure to perform its obligations.
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Fortuitous event means an act of war, hostilities, civil war, insurrection or natural phenomenon of an exceptional, inevitable and irresistible character.
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Related to Fortuitous event

  • Severe Disruption Event means any event specified as such in the Final Terms.

  • Knock-in Event means (i) the event or occurrence specified as such in the relevant Final Terms; and(ii) (unless otherwise specified in the applicable Final Terms) that the price of the Security or, as the case may be, the level of the Index, determined by the Calculation Agent as of the Knock-in Valuation Time on any Knock-in Determination Day is, as specified in the applicable Final Terms, (i) "greater than", (ii) "greater than or equal to", (iii) "less than" or (iv) "less than or equal to" the Knock-in Price or, as the case may be, the Knock-in Level.

  • Force Majeure Event means an event beyond the reasonable control of the Party affected, including, but not limited to, acts of God, embargoes, governmental restrictions, strikes, riots, insurrection, wars or other military action, civil disorders, acts of terrorism, rebellion, fires, explosions, accidents, floods, vandalism, cable cuts and sabotage. Market conditions or fluctuations are not Force Majeure Events.

  • Barrier Event means that R (final) is lower than the Barrier.

  • Relief Event means any of the following events or circumstances if and to the extent it interferes adversely with, or causes a failure of, the carrying out of the Design, the Construction or the Services or causes an Unavailability Event:

  • Significant Event means any Amortization Event or Event of Default.

  • Dissolution Event means (i) a voluntary termination of operations, (ii) a general assignment for the benefit of the Company’s creditors or (iii) any other liquidation, dissolution or winding up of the Company (excluding a Liquidity Event), whether voluntary or involuntary.

  • 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.

  • Occurrence means an accident, including continuous or repeated exposure to substantially the same general harmful conditions.