Common use of FORCE MAJEURE Clause in Contracts

FORCE MAJEURE. 11.1. Force majeure, as defined by Art. 1351 Civil code, must be ascertained by a competent authority. 11.2. The force majeure exonerates the Contracting Parties from the fulfilment of the obligations assumed by this contract, throughout its duration. 11.3. The fulfilment of the contract shall be suspended during the force majeure period, but without prejudice to the rights that were due to the parties until its occurrence. 11.4. The contracting party invoking the force majeure has the obligation to notify the other party, within three days of the occurrence of the force majeure case and to take any necessary measures available to limit its consequences; the same obligation for notification applies when the force majeure event ends. XII.

Appears in 4 contracts

Samples: emitentid.ridis.ro, emitentid.ridis.ro, emitentid.ridis.ro