Force Majeure Event Sample Clauses

Force Majeure Event. After giving effect to any applicable provision, disruption fallback or remedy specified in, or pursuant to, the relevant Confirmation or elsewhere in this Agreement, by reason of force majeure or act of state occurring after a Transaction is entered into, on any day:— (1) the Office through which such party (which will be the Affected Party) makes and receives payments or deliveries with respect to such Transaction is prevented from performing any absolute or contingent obligation to make a payment or delivery in respect of such Transaction, from receiving a payment or delivery in respect of such Transaction or from complying with any other material provision of this Agreement relating to such Transaction (or would be so prevented if such payment, delivery or compliance were required on that day), or it becomes impossible or impracticable for such Office so to perform, receive or comply (or it would be impossible or impracticable for such Office so to perform, receive or comply if such payment, delivery or compliance were required on that day); or (2) such party or any Credit Support Provider of such party (which will be the Affected Party) is prevented from performing any absolute or contingent obligation to make a payment or delivery which such party or Credit Support Provider has under any Credit Support Document relating to such Transaction, from receiving a payment or delivery under such Credit Support Document or from complying with any other material provision of such Credit Support Document (or would be so prevented if such payment, delivery or compliance were required on that day), or it becomes impossible or impracticable for such party or Credit Support Provider so to perform, receive or comply (or it would be impossible or impracticable for such party or Credit Support Provider so to perform, receive or comply if such payment, delivery or compliance were required on that day), so long as the force majeure or act of state is beyond the control of such Office, such party or such Credit Support Provider, as appropriate, and such Office, party or Credit Support Provider could not, after using all reasonable efforts (which will not require such party or Credit Support Provider to incur a loss, other than immaterial, incidental expenses), overcome such prevention, impossibility or impracticability;

Force Majeure Event. A Force Majeure Event occurs if: (a) a party fails to comply with or observe any provision of this Agreement (other than payment of any amount due); (b) such failure is caused by: (i) any event or circumstance occasioned by, or in consequence of, any natural disaster, being an event or circumstance: (A) due to natural causes, directly or indirectly and exclusively without human intervention; and (B) that could not have reasonably been foreseen or, if foreseen, could not reasonably have been resisted; (ii) strikes, lockouts, other industrial disturbances, acts of public enemy, wars, terrorism, blockades, insurrections, riots, epidemics, aircraft or civil disturbances; (iii) the binding order or requirement of any court, any government, any local authority, the Rulings Panel, the Electricity Authority, or the System Operator, which the party could not reasonably have avoided; (iv) the partial or entire failure of supply or availability of electricity to the Network; or (v) any other event or circumstance beyond the control of the party invoking this clause 21.1; and (c) the failure did not occur because the party invoking this clause failed to act in accordance with Good Electricity Industry Practice.

Force Majeure Event. Except as otherwise expressly provided in this Agreement, each Party shall be excused from performance and shall not be considered to be in default with respect to any obligation hereunder, except the obligation to pay money in a timely manner for Services actually performed or other liabilities actually incurred, if and to the extent that its failure of, or delay in, performance is due to a Force Majeure Event; provided that: (a) such Party gives the other Party written notice describing the particulars of the Force Majeure Event as soon as is reasonably practicable and in any event within seven (7) days after the discovery of the Force Majeure Event and if such Party fails to provide such notice, such Party shall be deemed to have waived any right to claim a Force Majeure Event with respect to such event and shall not be excused from any delay in the performance of, or inability to perform, the Work or any of its other obligations under this Agreement as a result of such Force Majeure Event; (b) the suspension of performance is of no greater scope and of no longer duration than is reasonably required by the Force Majeure Event; (c) no obligations of the Party that arose before the occurrence causing the suspension of performance shall be excused as a result of the occurrence; (d) the Party uses diligent, commercially reasonable efforts to remedy or remove the inability caused by the Force Majeure Event (provided that, for a Force Majeure Event, such Party shall be entitled to an adjustment to the times for performance of its obligations hereunder (other than the obligation to make payments required hereunder) and shall resume performance hereunder when and to the extent the inability is remedied or removed); (e) the Party claiming the Force Majeure Event shall discharge as required herein all of its duties and obligations under this Agreement that are not prevented by such Force Majeure Event; and (f) when the Party is able to resume performance of its obligations under this Agreement, such Party shall give the other Party written notice to that effect and shall promptly resume performance hereunder.

Force Majeure Event. Any of the following events which is beyond the control of the Party claiming to be affected thereby (“Affected Party”) despite exercise of due care and diligence, and prevents the Affected Party from performing or discharging its obligations under this Agreement, shall constitute Force Majeure Event: (a) act of God or (b) strikes, labour disruptions, riots or any other industrial disturbances not arising on account of the acts or omissions of the Developer, for which no offsetting compensation is payable to the Developer; (c) acts of expropriation, compulsory takeover of the Project Site and Project Facilities by the Government or any part thereof or (d) any judgement or any order of a court of competent jurisdiction or statutory authority in India made against the Developer in any proceedings which is non-collusive and duly prosecuted by the Developer.

Force Majeure Event. Seller shall be permitted to reduce deliveries of Product during any Force Majeure Event.

Force Majeure Event. An act of God, labor disturbance, act of the public enemy, war, insurrection, riot, fire, storm or flood, explosion, breakage or accident to machinery or equipment, an order, regulation or restriction imposed by governmental, military or lawfully established civilian authorities, or another cause beyond a Party’s control. A Force Majeure Event does not include an act of negligence or intentional wrongdoing.

Force Majeure Event. For the purpose of this Client Agreement, a Force Majeure Event means any occurrence or non-occurrence as a direct or indirect result of which a party is prevented from or delayed in performing any of its obligations (other than a payment obligation) under this Client Agreement and that is beyond the reasonable control of that party, including forces of nature, industrial action and action or inaction by a Government Agency. A Force Majeure Event includes, but not limited to: (a) where we are, in our opinion, unable to maintain an orderly market in our Products in respect of any one or more of the Underlying Instruments as a result of the occurrence of any act, omission or event (including but not limited to any circumstance beyond our control such as strike, riot, civil unrest or failure of power supply, communications or other infrastructure); (b) the suspension, closure, liquidation or abandonment of any relevant market or Underlying Instruments; (c) the imposition of conditions, limits or special or unusual terms in the relevant markets or Underlying Instruments; (d) the imposition of conditions, limits or special or unusual terms on us by our hedging counterparties; (e) the excessive movement, volatility or loss of liquidity in the relevant markets or Underlying Instruments; or (f) where we reasonably anticipate that any of the circumstances set out in paragraphs 26.1(a) to 26.1(e) of this Client Agreement are about to occur.

Force Majeure Event. The Company acknowledges that none of the negotiation, preparation and execution of this document, its ratification under clause 2, the approval of changes in the Drawings under clause 4 and their tabling in Parliament in accordance with the Casino (Management Agreement) Act 1993 or any of the circumstances relating to or giving rise to the creation of this document has or will cause or create any Government Action or Force Majeure Event.

Force Majeure Event. Each party is excused from performance under Section B of this Supplemental Agreement and shall not be liable for any delay in performance or non-performance, in whole or in part, caused by the occurrence of any event or contingency beyond the control of the parties including, but not limited to, work stoppages, fires, civil disobedience, riots, rebellions, natural disasters, acts of God, acts of war or terrorism, actions or decrees of governmental bodies, and similar occurrences. The party who has been so affected shall promptly give written notice to the other party and shall use its best efforts to resume performance. Upon receipt of such notice, all obligations under this Section B of this Supplemental Agreement shall be immediately suspended for the duration of such Force Majeure Event.

Force Majeure Event. 16.1 If a Force Majeure Event gives rise to a failure or delay in either party performing any obligation under this Agreement (other than any obligation to make a payment), that obligation will be suspended for the duration of the Force Majeure Event. 16.2 A party that becomes aware of a Force Majeure Event which gives rise to, or which is likely to give rise to, any failure or delay in that party performing any obligation under this Agreement, must: (a) promptly notify the other; and (b) inform the other of the period for which it is estimated that such failure or delay will continue. 16.3 A party whose performance of its obligations under this Agreement is affected by a Force Majeure Event must take reasonable steps to mitigate the effects of the Force Majeure Event.