Common use of Excusable Delays Clause in Contracts

Excusable Delays. The dates and times by which either Party is required to perform any obligation under this Agreement shall be postponed automatically to the extent, for the period of time, that the Party is prevented from so performing by circumstances beyond its reasonable control. Said circumstances shall include acts of nature, strikes, lockouts, riots, acts of war, epidemics, government regulations imposed after the fact, fire, communications failures, power failures, earthquakes or other disasters.

Appears in 17 contracts

Samples: Funding Agreement, Oqo Agreement, Funding Agreement

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Excusable Delays. The dates and times by which either any Party is required to perform any obligation under this Agreement shall be postponed automatically to the extent, for the period of time, that the Party is prevented from so performing by circumstances beyond its reasonable control. Such period shall not extend beyond one year. Said circumstances shall include acts of nature, strikes, lockouts, riots, acts of war, epidemics, government regulations imposed after the fact, fire, communications failures, power failures, earthquakes or other disastersdisasters or other causes beyond the performing Party's reasonable control whether or not similar to the foregoing.

Appears in 4 contracts

Samples: Agreement (Alliance Data Systems Corp), Agreement (Alliance Data Systems Corp), Agreement (Alliance Data Systems Corp)

Excusable Delays. The dates and times by which either Party party is required to perform any obligation under this Agreement shall be postponed automatically to the extent, for the period of time, and to the degree that the Party party is prevented from so performing by circumstances beyond its reasonable control. Said circumstances shall include acts of nature, strikes, lockouts, riots, acts of war, epidemics, government regulations imposed after the fact, fire, communications failures, power failures, earthquakes or other disasters. A party seeking relief under this Section shall, as promptly as possible under the circumstances, provide the other party with written notice of the circumstances, and its anticipated scope and time of postponement of its obligations.

Appears in 3 contracts

Samples: Contribution Agreement (D-Wave Quantum Inc.), Contribution Agreement, Sustainable Development Technology Canada Contribution Agreement (Dynamotive Energy Systems Corp)

Excusable Delays. The dates and times by which either any Party is required to perform any obligation under this Agreement shall be postponed automatically to the extent, for the period of time, that the Party is prevented from so performing by circumstances beyond its reasonable control. Such period shall not extend beyond one year. Said circumstances shall include acts of nature, strikes, lockouts, riots, acts of war, epidemics, government regulations imposed after the fact, fire, communications failures, power failures, earthquakes or other disastersdisasters or other causes beyond the performing Party’s reasonable control whether or not similar to the foregoing.

Appears in 3 contracts

Samples: Agreement (Loyalty Ventures Inc.), Agreement (Loyalty Ventures Inc.), Agreement

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Excusable Delays. The dates and times by which either Party is required to perform any obligation under this Funding Agreement shall be postponed automatically to the extent, for the period of time, that the Party is prevented from so performing by circumstances beyond its reasonable control. Said circumstances shall include acts of nature, strikes, lockouts, riots, acts of war, epidemics, government regulations imposed after the fact, fire, communications failures, power failures, earthquakes or other disasters.

Appears in 2 contracts

Samples: Funding Agreement, Funding Agreement

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