Vis major definition

Vis major means an insurmountable obstacle, caused by a supervening event beyond the control of the person who is to perform.
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Vis major means any circumstances beyond the reasonable control of the BRP and/or the Company, and includes but is not limited to an act of nature or public enemy, fire, explosion, earthquake, flood, storm or other adverse weather, war declared or undeclared, civil war, revolution, civil commotion or other civil strife, riot, strikes, industrial action, blockade, embargo, sanctions, epidemics, pandemics, act of any government or other authority, compliance with government orders, demands or regulations, as well as shortages,
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Vis major means any circumstances beyond the reasonable control of the BRP and/or the Company, and includes but is not limited to an act of nature or public enemy, fire, explosion, earthquake, flood, storm or other adverse
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Examples of Vis major in a sentence

  • If a situation constituting Vis major occurs, the deadlines imposed hereunder shall be extended by the period of the duration of the said Vis major event.

  • Vis major shall not be constituted by obstacles that arose only after the obliged Party was in default with fulfilment of its obligations, or which arose in connection with its economic situation.

  • In case of Vis major, the deadlines agreed herein shall be extended by the time such Vis major will be in force.

  • As the Organization’s management believes that the Organization will be in a position to allow for the repayment of the loan by above specified date; therefore, the loan’s forgivable portion of $20,000 was recognized as revenue in the 2020 year.

  • Should a situation occur, which a Contractual Party could reasonably consider to constitute Vis major, and which could affect fulfilment of its obligations hereunder, such Contractual Party shall immediately notify the other Contractual party and attempt to continue in its performance hereunder in a reasonable degree.

  • The Vis major concept was referred to as acts of God and was limited to events of natural causes.

  • Vis major events may include: natural disasters; wars; terrorist activities, activities of local exchange carriers, telephone carriers, wireless carriers and Internet service providers; labour disputes; and acts of government.

  • Vis major events shall be considered all unfo-reseeable, insurmountable events, the occurrence of which cannot be attri- buted to PR IN HUNGARY, being beyond the intention and/or process of PR IN HUNGARY (for example, war, riot, civil uprising, general strike, epidemic, pandemic, natural catastrophe, fire, flood, earthquake or otherinsurmountable external cause, state of emergency), that in a significant way obstructs or makes impossible the staging of the Workshop.

  • Permanent water supply may only be disturbed under conditions of Limited water supply (Article 6.3), Normal maintenance and repair (Article 7.2), Unexpected failures and leaks (Article 7.3), Emergency (Article 7.4), Urgent supply (Article 7.5), Droughts (Article 7.6), Deduction of water supply (Article 14.1), Vis major (Article 15), or if it is mutually agreed.

  • Vis major esetén az Eladó a Vevőnek való viszonteladás céljára nem köteles harmadik személytől anyagot vásárolni és Eladó nem felelős semmilyen költségemelkedésért, amit Vevőnek amiatt kellett állnia, hogy harmadik személytől vásárolt helyettesítő anyagot.


More Definitions of Vis major

Vis major includes (without detracting from any other occurrences covered by the rules and principles relating to vis major) casus fortuitus, plague, epidemic, pandemic, Government action and regulation, as well as shortages, interruptions, fluctuations or the unavailability of electrical power, water supply or means of communication, which cannot, according to objective standards of reasonable conduct, be avoided by the party whose performance is affected thereby;
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Vis major means a “greater or superior force; an irresistible force.” Black’s Law Dictionary, at 1410 (5th ed. 1979).
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Vis major acts of God, strikes, lockout, war, blockades, revolutions, fire, riots, insurrections, civil commotions, lightning, fire, storm, floods, earthquakes, explosions, embargoes, government restraint or regulation and any other cause whether of the kind specifically hereinbefore referred to or otherwise which is not reasonably within the control of the PARTY thereby affected
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Vis major means any event that is outside of Tarsus’ reasonable control including but not limited to: any national state of disaster or other circumstances impacting the availability of the goods as required by Tarsus and within the times required by Tarsus, or preventing the free supply of goods or free movement of people or goods; pandemic; war (declared or not); terrorism; robbery or theft; hi-jacking; civil unrest; loss of warehousing; fire; explosion; strikes; lockouts; international restrictions; any actions of government (foreign or local); the inability of the vendor / manufacturer to meet an order of Tarsus within usual and / or required time frames for any reason; or the inability or failure of the vendor / manufacturer to supply or deliver the goods to Tarsus in South Africa within usual and / or required time frames for any reason.
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Related to Vis major

  • Super Majority has the meaning set forth in paragraph 5(b) of Annex I.

  • Investor Majority means [the holders of at least [ ] per cent of Series A Shares from time to time] [Note: amend as appropriate];

  • special majority means the majority of votes described in §11.2 which is required to pass a special resolution.

  • Super Majority Vote means, the affirmative vote of the holders of Outstanding Interests of all Series representing at least two thirds of the total votes that may be cast by all such Outstanding Interests, voting together as a single class.

  • Super-Majority Banks means, at any time, Banks holding Loans representing at least 66-2/3% of the aggregate principal amount of the Loans outstanding, or if no Loans are outstanding, Banks having Commitments representing at least 66-2/3% of the Total Commitment.

  • Super Majority Lenders means at any time a Lender or group of Lenders whose Commitments aggregate more than 80% of the Total Commitments (or, if the Total Commitments have been reduced to zero, aggregated more than 80% of the Total Commitments immediately prior to that reduction).

  • Unit Majority means (i) during the Subordination Period, at least a majority of the Outstanding Common Units (excluding Common Units owned by the General Partner and its Affiliates), voting as a class, and at least a majority of the Outstanding Subordinated Units, voting as a class, and (ii) after the end of the Subordination Period, at least a majority of the Outstanding Common Units.

  • Required Majority means a required majority, as defined in Section 57(o) of the Act.8

  • vote of a majority of the outstanding voting securities" shall mean the vote of the lesser of (a) 67 per centum or more of the shares of the Fund present or represented by proxy at the meeting if the holders of more than 50 per centum of the outstanding shares of the Fund are present or represented by proxy at the meeting, or (b) more than 50 per centum of the outstanding shares of the Fund.

  • retail investor means an investor who is not a professional investor;

  • UK Retail Investor means a person who is one (or more) of the following:

  • Requisite Majority means, as at any particular time, Passenger Operators whose Vehicle departures from the Station, expressed as a percentage of Total Departures, as at the relevant date, together are at least equal to the percentage specified in paragraph 4 of Annex 8 (or such other percentage as the ORR may specify by notice to the Station Facility Owner and to each Passenger Operator as the new percentage which is to apply for these purposes following the entry into, variation, amendment or termination of an access contract permitting a passenger service operator to use the Station, a Change in Control of any Passenger Operator or any event which results in a material change to the proportion of the Total Departures made by trains operated by or on behalf of any Passenger Operator);

  • Age of majority means the age when the procedural safeguards and other rights afforded to the parent or parents of a student with a disability transfer to the student. In Virginia, the age of majority is 18.

  • absolute majority , of the Committee, means a majority of the committee members currently holding office and entitled to vote at the time (as distinct from a majority of committee members present at a committee meeting);

  • New Securities means, collectively, equity securities of the Company, whether or not currently authorized, as well as rights, options, or warrants to purchase such equity securities, or securities of any type whatsoever that are, or may become, convertible or exchangeable into or exercisable for such equity securities.

  • Major life activities means functions such as caring for one's self, performing manual tasks, walking, seeing, hearing, speaking, breathing, learning and working.

  • Note Majority means a majority by principal amount of the Noteholders.

  • Founding Members means the collective reference to American Multi-Cinema, Inc., a Missouri corporation, Cinemark Media, Inc., a Delaware corporation, and Regal CineMedia Holdings, LLC, a Delaware limited liability company.

  • Major disaster means any natural catastrophe (including any hurricane, tornado, storm, high water, winddriven water, tidal wave, tsunami, earthquake, volcanic eruption, landslide, mudslide, snowstorm, or drought), or, regardless of cause, any fire, flood, or explosion, in any part of the United States, which in the determination of the President causes damage of sufficient severity and magnitude to warrant major disaster assistance under this Act to supplement the efforts and available resources of States, local governments, and disaster relief organizations in alleviating the damage, loss, hardship, or suffering caused thereby.

  • Portfolio Securities or "investments" of the Series shall mean, respectively, such assets, net assets, securities, portfolio securities or investments which are from time to time under the management of the Subadviser pursuant to this Agreement.

  • New Securities Trustee means a bank or trust company reasonably satisfactory to the Initial Purchasers, as trustee with respect to the New Securities under the New Securities Indenture.

  • Major development means an individual “development,” as well as multiple developments that individually or collectively result in:

  • PAL major modification means, notwithstanding the definitions for major modification and net emissions increase in 326 IAC 2-2-1, any physical change in or change in the method of operation of the PAL source that causes it to emit the PAL pollutant at a level equal to or greater than the PAL.

  • Investor Designee means an individual nominated by the Board as a “Investor Designee” for election to the Board pursuant to Section 5.10(a), Section 5.10(d) or Section 5.10(e) of the Investment Agreement.

  • Preferred Proponent(s means the Proponent(s) selected by the Evaluation Team to enter into negotiations for a Contract;

  • Preferred Proponent means the Proponent that is invited into negotiations in accordance with the evaluation process set out in this RFP;