Notice, Mitigation. As soon as practicable after the occurrence of Force Majeure, ▇▇▇▇▇▇ shall give notice to TIMET of the suspension of performance (stating therein the nature of the suspension, the obligation(s) likely to be affected, the reasons therefor, and a reasonable, good faith estimate of the period of time during which provision of the Titanium Conversion Services is expected to be prevented), and thereupon the contractual delivery schedule or dates of completion shall be extended by a period of time as necessary to reflect the effect of the delay. ▇▇▇▇▇▇ shall take all reasonable steps to minimize the impact of the Force Majeure under this Agreement and shall resume provision of the Titanium Conversion Services as soon as reasonably possible. The Parties agree to negotiate in good faith during the continuance of any Force Majeure with respect to possible ways to minimize the effects of the Force Majeure on the Parties.
Appears in 2 contracts
Sources: Conversion Services Agreement (Titanium Metals Corp), Conversion Services Agreement (Haynes International Inc)