Common use of Enforced Delay Clause in Contracts

Enforced Delay. In the event that any of the Parties to this Agreement are prevented from proceeding with any of their obligations under this Agreement by reason of events that are beyond that Party's control, including supernatural causes, strikes, lockouts, earthquake, war, insurrection, riots, floods, acts of God, acts of the public enemy, epidemics, quarantine restrictions, freight embargoes, governmental delays, inclement weather, delays or inaction of independent contractors, litigation brought against the Project or a Party without that Party's consent, or similar events which are beyond that Party's control, then that Party shall be entitled to an additional grace period or extension of time in which to perform the obligations whose performance is precluded by such event, equal to the period of delay caused by such event beyond that Party's control, which period shall commence to run from the time of the commencement of the cause for delay and shall terminate upon termination of that cause.

Appears in 2 contracts

Sources: Preliminary Agreement, Preliminary Agreement