Common use of Notice of Force Majeure Clause in Contracts

Notice of Force Majeure. Upon giving notice to the other party, a party affected by an event of Force Majeure shall be released without any liability on its part from the performance of its obligations under this Agreement, except for the obligation to pay any amounts due and owing hereunder, but only to the extent and only for the period that its performance of such obligations is prevented by the event of Force Majeure.

Appears in 9 contracts

Samples: Supply Agreement (Avi Biopharma Inc), Supply Agreement (Volcano CORP), Development and License Agreement (Vital Images Inc)

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Notice of Force Majeure. Upon giving notice to Medtronic or Neurologix, as the other partycase may be, a party Party affected by an event of Force Majeure shall be released without any liability on its part from the performance of its obligations under this Agreement, except for the obligation to pay any amounts due and owing hereunder, but only to the extent and only for the period that its performance of such obligations is prevented by the event of Force Majeure.

Appears in 1 contract

Samples: Development and Manufacturing Agreement (Neurologix Inc/De)

Notice of Force Majeure. Upon giving notice to the other party, a party affected by an event of Force Majeure shall be released without any liability on its part from the performance of its obligations under this Restated Distribution Agreement, except for the obligation to pay any amounts due and owing hereunder, but only to the extent and only for the period that its performance of such obligations is prevented by the event of Force Majeure. ARTICLE 12.

Appears in 1 contract

Samples: Distribution Agreement (Macropore Inc)

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Notice of Force Majeure. Upon Subject to Section 4.3 below, upon giving notice to the other party, a party affected by an event of Force Majeure shall be released without any liability on its part from the performance of its obligations under this Agreement, except for the obligation to pay any amounts due and owing hereunder, but only to the extent and only for the period that its performance of such obligations is prevented by the event of Force Majeure.

Appears in 1 contract

Samples: Supply Agreement (Medamicus Inc)

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