Common use of Non Performance of Obligations Clause in Contracts

Non Performance of Obligations. 42.1 Either party shall not be held responsible for any consequences or liabilities under this Lease Deed if it is prevented in performing its obligations by reason of laws or regulations, action by any Government or local body or other authority, or due to reasons of force majeure which may include but not limited to riots, insurrection, war, terrorist action, acts of God and unforeseen circumstances beyond its control. Upon happening of the any such force majeure event, either party would inform the other party of such event. Upon abatement of such event, either party would inform the other party about cessation of the same.

Appears in 1 contract

Samples: www.sec.gov

AutoNDA by SimpleDocs

Non Performance of Obligations. 42.1 37.1. Either party Party shall not be held responsible for any consequences or liabilities under this Lease Deed if it is prevented in performing its obligations by reason of laws or regulationsLaws, action by any Government or local body or other authority, Governmental Authority or due to reasons of force majeure which may include but not limited to riots, insurrection, war, terrorist action, acts act(s) of God and any other unforeseen circumstances beyond its control. Upon happening of the any such force majeure event, either party Party would inform the other party Party of such event. Upon abatement of such event, either party Party would inform the other party Party about cessation of the same.

Appears in 1 contract

Samples: Lease Deed (MakeMyTrip LTD)

Non Performance of Obligations. 42.1 33.1 Either party Party shall not be held responsible for any consequences anyconsequences or liabilities under this Lease Deed if it is prevented in performing its obligations by reason of laws or regulationsLaws, action by any Government or local body or other authority, Governmental Authority or due to reasons of force majeure which may include but not limited to riots, insurrection, war, terrorist action, acts act(s) of God and any other unforeseen circumstances beyond its control. Upon happening of the any such force majeure event, either party Party would inform the other party Party of such event. Upon abatement of such event, either party Party would inform the other party Party about cessation of the same.

Appears in 1 contract

Samples: Indenture of Lease

AutoNDA by SimpleDocs

Non Performance of Obligations. 42.1 33.1 Either party Party shall not be held responsible for any consequences or liabilities under this Lease Deed if it is prevented in performing its obligations by reason of laws or regulationsLaws, action by any Government or local body or other authority, Governmental Authority or due to reasons of force majeure which may include but not limited to riots, insurrection, war, terrorist action, acts act(s) of God and any other unforeseen circumstances beyond its control. Upon happening of the any such force majeure event, either party Party would inform the other party Party of such event. Upon abatement of such event, either party Party would inform the other party Party about cessation of the same.

Appears in 1 contract

Samples: Indenture of Lease

Time is Money Join Law Insider Premium to draft better contracts faster.