Common use of Excuse for Nonperformance Clause in Contracts

Excuse for Nonperformance. Subject to the other provisions of this Agreement, the obligations of a Party under this Agreement (including the obligation of Sellers to deliver Crude Oil), except the obligation to pay money to the other Party, may be suspended for a reasonable period as a result of an event of Force Majeure, to the extent that nonperformance is caused by Force Majeure, and the affected Party shall be relieved of liability for failing to perform from the inception of such event and during the continuance thereof and the time of any such suspension of obligations shall be added to the term of this Agreement.

Appears in 5 contracts

Samples: Marketing Agreement (Plains All American Pipeline Lp), Crude Oil Marketing Agreement (Plains All American Pipeline Lp), Crude Oil Marketing Agreement (Plains Exploration & Production Co L P)

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Excuse for Nonperformance. Subject to the other provisions of this Agreement, the obligations of a Party under this Agreement (including the obligation of Sellers to deliver Crude Oil), except the obligation to pay money to the other Party, may be suspended for a reasonable period as a result of an event of Force Majeure, to the extent that nonperformance is caused by Force Majeure, and the affected Party shall be relieved of liability for failing to perform from ITom the inception of such event and during the continuance thereof and the time of any such suspension of obligations shall be added to the term of this Agreement.

Appears in 1 contract

Samples: Crude Oil Marketing Agreement (Plains Exploration & Production Co)

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