Prolonged Force Majeure definition

Prolonged Force Majeure means a condition in which a Force Majeure event has caused 50% or more of the Contracted Facility Capacity to be unavailable for dispatch for eighteen (18) consecutive months or more and is continuing.

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Prolonged Force Majeure means an Event of Force Majeure which (i) lasts more than one hundred and twenty (120) successive days from the data when it took place; or (ii) in relation to what is clear, from the date of the occurrence, that it will last more than one hundred and twenty (120) successive days.

Prolonged Force Majeure means if one or more Force Majeure Events continues for a period of more than one hundred and eighty (180) continuous days or three hundred and sixty-five (365) days in aggregate in any period of five hundred (500) days.

Examples of Prolonged Force Majeure in a sentence

If an event of Force Majeure prevents performance by a party for more than 21 consecutive days (“Prolonged Force Majeure”), either party may, with notice to the other, cancel any Order affected by such Prolonged Force Majeure (an “Affected Order”) without any further liability thereunder.
If a Party has the right to terminate this Agreement pursuant to this Section 20.2 (Termination due to Prolonged Force Majeure Event), it may give notice to the other Party specifying the date on which this Agreement shall terminate, which date shall not be less than ninety (90) Days from the date of such notice.
In the event of a termination by GPA due to a Prolonged Force Majeure pursuant to Article 5.4, GPA shall have the right, but not the obligation, to acquire the Facility from Project Company for the applicable FM Transfer Price set forth in Schedule 10.
If a Prolonged Force Majeure Event occurs, which wholly or partially prevents performance by either Party, then the Affected Party may upon twenty (20) Business Days' notice to the other Party provided that such Prolonged Force Majeure Event is continuing, terminate this Agreement.
If a Prolonged Force Majeure Event occurs, provided that such Prolonged Force Majeure Event is continuing either Party may terminate this Agreement upon twenty (20) Business Days' notice to the other Party, whereupon subject to Clauses 9.6 (Direct Agreement) and 21.3 (Survival) this Agreement shall terminate.
In the event of Prolonged Force Majeure Event, either Party may upon twenty (20) Business Days' notice to the other Party, provided that such Prolonged Force Majeure Event is continuing, terminate this Agreement.
GPA shall have the right to terminate this Agreement during a Prolonged Force Majeure, subject to the terms and procedures set forth in Article 5.5(g), unless the Project Company is exercising its [best efforts] to resolve the impact of the underlying Force Majeure event on the Project’s performance and that such resolution is reasonably expected to occur within three (3) months and result in the Facility operating, on a continuing basis, with an annual availability of 90% or more.
If a Prolonged Force Majeure Event occurs provided that such Prolonged Force Majeure Event is continuing either Party may terminate this Agreement upon twenty (20) Business Days' notice to the other Party, in which case Clause 17.4 (Consequences of Termination) shall apply.
If an event of Force Majeure prevents performance by a party for more than 21 consecutive days ("Prolonged Force Majeure"), either party may, with notice to the other, cancel any Order affected by such Prolonged Force Majeure (an "Affected Order") without any further liability thereunder.
If, following a sixty (60) day period, no resolution has been reached, and provided that such Prolonged Force Majeure Event is continuing and the Parties do not agree to extend the period stipulated in this clause 12.8, either Party may, upon 30 (thirty) days’ Termination Notice to the other Party, terminate this Agreement, and the Buyer (or its nominee) shall be obliged to take transfer of ownership of the Facility.

More Definitions of Prolonged Force Majeure

Prolonged Force Majeure means a condition in which a Force Majeure event has caused fifty percent (50%) or more of the Contracted Facility Capacity to be unavailable for dispatch for eighteen (18) consecutive months or more and is continuing.

Prolonged Force Majeure means an event or circumstance of Force Majeure (excluding any Force Majeure that occurs by reason of a Change in Law), that occurs between [a period of time to be determined], that prevents or delays the construction, completion, testing or commissioning of the Facility for at least [a continuous period to be determined], as determined by the DPA Counterparty]23;

Prolonged Force Majeure means a Force Majeure lasting 365 consecutive days. “Relevant Codes” has the meaning given to that term in the Power Purchase Agreement.

Prolonged Force Majeure. As defined in Section 25.1. Profound Changes in Circumstances. Such changes in the economic conditions of the oil palm industry worldwide or in Liberia, or such changes in the economic, political or social circumstances existing in Liberia specifically or elsewhere in the world as to result in such a material and fundamental alteration of the conditions, assumptions and bases relied upon by the Parties at the time during which they entered into this Agreement (or at the time of any subsequent review pursuant to Section 32.1) that the overall balance of equities and benefits reasonably anticipated by them will no longer as a practical matter be achievable.

Prolonged Force Majeure. As defined in Section 24.1. Qualified Liberian Rubber Farmer. As defined in Section 15.2.

Prolonged Force Majeure means a Force Majeure lasting 365 consecutive Days.