Common use of For Force Majeure Clause in Contracts

For Force Majeure. The performance of this Agreement by either Party is subject to force majeure events including, without limitation, acts of God, war, acts of terrorism, government regulations, political and/or economic events, national emergency, disaster, strikes (except by the relevant Party’s own employees), civil disorders, or other emergencies making it illegal or reasonably impossible for that Party to perform its obligations hereunder. In the case of a force majeure event this Agreement may be suspended or terminated after reasonable prior written notice from either Party to the other with the following consequences: 14.2.1 In the event of suspension, except where not practical or materially disadvantageous to the Project, Grantee shall stop work, immediately suspend or give notice to terminate any sub-contracts or other obligations that it may have entered into in connection with this Agreement, and settle all legally binding obligations and claims resulting from such termination. Any work not stopped, or obligation not terminated in accordance with the exception in the previous sentence (“Continued Work”) shall be notified by Grantee to Blue Action without delay. Such suspension shall be without any liability and Blue Action shall not be obligated to pay for any expenses incurred by Grantee after the date of suspension other than for: remuneration for activities performed by Grantee in accordance with the terms of this Agreement; costs properly incurred and documented up to the date of the force majeure event; unavoidable expenditures incurred after the date of the force majeure event; and Continued Work. 14.2.2 In the event of a termination, Grantee shall stop work, immediately give notice to terminate any sub-contracts or other obligations that it may have entered into in connection with this Agreement, and settle all legally binding obligations and claims resulting from such termination. Such termination shall be without any liability and Blue Action shall not be obligated to pay for any expenses incurred by Grantee after the date of termination other than for: remuneration for activities performed by Grantee in accordance with the terms of this Agreement; costs properly incurred and documented up to the date of the force majeure event; unavoidable expenditures incurred after the date of the force majeure event; and any Continued Work up to the date of termination. 14.2.3 A termination notice shall replace any previously communicated suspension notice with effect from the date of termination.