Common use of Notice of Force Majeure Event Clause in Contracts

Notice of Force Majeure Event. In the event either Party is delayed or rendered unable to perform due to a Force Majeure Event, the affected Party shall give notice thereof and its expected duration to the other Party promptly after the occurrence of the Force Majeure Event; and thereafter, the obligations of the affected Party will be suspended during the continuance of the Force Majeure Event. The affected Party shall take commercially reasonable steps to remedy the Force Majeure Event with all reasonable dispatch, but such obligation shall not require the settlement of strikes or labor controversies on terms unfavorable to the affected Party.

Appears in 6 contracts

Samples: Development, Marketing and Strategic Alliance Agreement (Endo Pharmaceuticals Holdings Inc), Supply Agreement (Endo Pharmaceuticals Holdings Inc), Contract Manufacturing and Supply Agreement (Onyx Pharmaceuticals Inc)

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Notice of Force Majeure Event. In the event either Party is delayed or rendered unable to perform due to a Force Majeure Event, the affected Party shall give notice thereof and its expected duration to the other Party promptly after the occurrence of the Force Majeure Eventforce majeure event; and thereafter, the obligations of the affected Party will be suspended during the continuance of the Force Majeure Event. The affected Party shall take commercially reasonable steps to remedy the Force Majeure Event with all reasonable dispatch, but such obligation shall not require the settlement of strikes or labor controversies on terms unfavorable to the affected Party.

Appears in 2 contracts

Samples: Supply Agreement (Discovery Laboratories Inc /De/), Quality Agreement (Barrier Therapeutics Inc)

Notice of Force Majeure Event. In the event either Party is delayed or rendered unable to perform due to a Force Majeure Event, the affected Party shall give notice thereof and its expected duration to the other Party promptly after the occurrence of the Force Majeure Eventforce majeure event; and thereafter, the obligations of the affected Party will be suspended during the continuance of the Force Majeure Event. The affected Party shall take commercially reasonable steps use Commercially Reasonable Efforts to remedy the Force Majeure Event with all reasonable dispatch, but such obligation shall not require the settlement of strikes or labor controversies on terms unfavorable to the affected Party.

Appears in 1 contract

Samples: Manufacturing and Exclusive Supply Agreement (Nabriva Therapeutics PLC)

Notice of Force Majeure Event. In the event either Party is delayed or rendered unable to perform due to a Force Majeure Event, the affected Party shall give notice thereof and its expected duration to the other Party promptly party no later than five (5) days after the occurrence of the Force Majeure Event; and thereafter. Upon notice of a Force Majeure Event, the obligations of the affected Party will be suspended during the continuance continuation of the Force Majeure Event. The affected Party shall take commercially reasonable steps to remedy the Force Majeure Event with all reasonable dispatchdiscretion, but such obligation shall not require the settlement of strikes or labor controversies on terms unfavorable unfavourable to the affected Party.

Appears in 1 contract

Samples: Material Transfer and Research Agreement (AIM ImmunoTech Inc.)

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Notice of Force Majeure Event. In the event either Party is delayed or rendered unable to perform due to a Force Majeure Event, the affected Party shall give notice thereof and its expected effect on performance and duration to the other Party promptly (but not longer than five (5) days) after the occurrence of the Force Majeure Eventforce majeure event; and thereafter, the obligations of the affected Party will be suspended during the continuance of the Force Majeure Event. The affected Party shall take commercially reasonable steps to mitigate damages and to remedy the Force Majeure Event with all reasonable dispatch, but such obligation shall not require the settlement of strikes or labor controversies on terms unfavorable to the affected Party.

Appears in 1 contract

Samples: Quality Agreement (Amag Pharmaceuticals Inc.)

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