Common use of Force Majeure Event Clause in Contracts

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.

Appears in 12 contracts

Samples: Supplemental Agreement (Farm Bureau Life Annuity Account), Supplemental Agreement (Equitrust Life Annuity Account), Supplemental Agreement (Modern Woodmen of America Variable Account)

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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.

Appears in 11 contracts

Samples: Shareholder Information Agreement (American Equity Life Annuity Account), Shareholder Information Agreement (Modern Woodmen of America Variable Annuity Account), Shareholder Information Agreement (Equitrust Life Annuity Account)

Force Majeure Event. Each party Party is excused from performance under Section B of this Supplemental Agreement Amendment 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 terrorismterrorism (actual or threatened), actions or decrees of governmental bodies, and similar occurrences. The party Party who has been so affected shall promptly give written notice to the other party 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 Amendment shall be immediately suspended for the duration of such Force Majeure Event.

Appears in 4 contracts

Samples: Participation Agreement (Variable Annuity Life Insurance Co Separate Account A), Participation Agreement (Variable Annuity Life Insurance Co Separate Account A), Participation Agreement (Variable Annuity Life Insurance Co Separate Account A)

Force Majeure Event. Each party is excused from performance under Section B of this Supplemental Agreement Schedule D 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.

Appears in 4 contracts

Samples: Participation Agreement (Farm Bureau Life Variable Account), Participation Agreement (Equitrust Life Variable Account), Participation Agreement (Equitrust Life Annuity Account)

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Force Majeure Event. Each party Party is excused from performance under Section B of this Supplemental Agreement Amendment 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 terrorismterrorism (actual or threatened), actions or decrees of governmental bodies, and similar occurrences. The party Party who has been so affected shall promptly give written notice to notify the other party 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 Amendment shall be immediately suspended for the duration of such Force Majeure Event.

Appears in 1 contract

Samples: Participation Agreement (Variable Annuity Life Insurance Co Separate Account A)

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