Common use of Party’s obligations in terms of this Clause in Contracts

Party’s obligations in terms of this. Agreement shall be suspended for such period during which that Party is prevented from complying with said obligations due to Force Majeure if such Party has: (a) notified the other Party of the existence of the Force Majeure, (b) does everything in its/his/her power to comply with the obligations in terms of the Agreement notwithstanding the existence of Force Majeure; and (c) fulfils its obligations within the time specified once the Force Majeure event has ceased to exist. For the avoidance of doubt, Force Majeure shall only suspend a Party’s obligation in so far as it is impossible for the Party to perform the same and shall in no case excuse such Party from the obligation to perform other obligations in terms of the Agreement. Force Majeure is understood to mean an event that is unpredictable and beyond the Parties’ control, e.g. strike, legislative restriction imposed by the government or an EU authority, sabotage, uprising, natural disasters or similar circumstances causing impossibility in fulfilling the obligations arising from the Agreement.

Appears in 7 contracts

Samples: Allmänna Villkor, Allmänna Villkor, Allmänna Villkor