Common use of Effect and Meaning Clause in Contracts

Effect and Meaning. Subject to Articles 11.2 and 11.3, to the extent that and as long as Party (“FM Affected Party”) is rendered unable by Force Majeure to carry out its obligations under this GSFA such Party shall be released from its obligations, and other Party shall be released from its corresponding obligations.

Appears in 2 contracts

Samples: Sales Framework Agreement, Sales Framework Agreement

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Effect and Meaning. Subject to Articles 11.2 10.2 and 11.310.3, to the extent that and as long as Party (“FM Affected Party”) is rendered unable by Force Majeure to carry out its obligations under this GSFA GSA such Party shall be released from its obligations, and the other Party shall be released from its corresponding obligations.

Appears in 2 contracts

Samples: Sales Agreement, Sales Agreement

Effect and Meaning. Subject to Articles 11.2 and 11.3, to the extent that and as long as Party (“FM Affected Party”) is rendered unable by Force Majeure to carry out its obligations under this GSFA GSA such Party shall be released from its obligations, and other Party shall be released from its corresponding obligations.

Appears in 1 contract

Samples: Sales Agreement

Effect and Meaning. Subject to Articles 11.2 Article 10.2 and 11.310.3, to the extent that and as long as a Party (“FM Affected Party”) is rendered unable by Force Majeure to carry out its delivery or acceptance obligations under this GSFA GSA such Party shall be released from its obligations, and the other Party shall be released from its corresponding acceptance and payment, or delivery obligations.

Appears in 1 contract

Samples: Sales Agreement

Effect and Meaning. Subject to Articles 11.2 7.2 and 11.37.3, to the extent that and as long as a Party (“FM Affected Party”) is rendered unable by Force Majeure to carry out its delivery or acceptance obligations under this GSFA GSA such Party shall be released from its obligations, and the other Party shall be released from its corresponding acceptance and payment, or delivery obligations.

Appears in 1 contract

Samples: Sales Agreement

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Effect and Meaning. Subject to Articles 11.2 9.2 and 11.39.3, to the extent that and as long as a Party (“FM Affected Party”) is rendered unable by Force Majeure to carry out its delivery or acceptance obligations under this GSFA GSA such Party shall be released from its obligations, and the other Party shall be released from its corresponding acceptance and payment, or delivery obligations.

Appears in 1 contract

Samples: Gas Sales Agreement

Effect and Meaning. Subject to Articles 11.2 10.2 and 11.310.3, to the extent that and as long as a Party (“FM Affected Party”) is rendered unable by Force Majeure to carry out its obligations under this GSFA GSA such Party shall be released from its obligations, and the other Party shall be released from its corresponding obligations.

Appears in 1 contract

Samples: Sales Agreement

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