Common use of Obligations of the Party Clause in Contracts

Obligations of the Party. claiming the occurrence of a case of Force Majeure The Party affected by a case of Force Majeure must so inform the other Party forthwith by any means and must confirm its position as soon as possible by email and registered letter with recorded delivery. Notice of a case of Force Majeure (and confirmation thereof) given by the affected Party must specify: ▪ an outline of the alleged event or circumstance, ▪ the date on which the alleged event or circumstance occurred, ▪ for the Storage Facility Manager, the foreseeable consequences on Storage Capacity, the Daily Injection Capacity or the Daily Withdrawal Capacity in question, ▪ for the Customer, the Quantity of Gas that the Customer would have been prevented from supplying to the Storage Facility Manager or from withdrawing at the Transport/Storage Interface Point as a result of the case of Force Majeure. Acting as a Prudent and Reasonable Operator, the Party that claims the occurrence of a case of Force Majeure shall take any reasonable measures that would contribute to minimising the impact of the case of Force Majeure and to do their utmost to ensure that normal performance of the Contract is resumed as soon as possible. During the period during which its obligations are suspended, the Party invoking a case of Force Majeure shall inform the other Party of the consequences of the event or circumstance in question on the fulfilment of its obligations, of the measures it intends to take to minimise its impact on the Contract, of the progress of such measures, of the estimated time for resumption of normal performance of its contractual obligations and of the date of cessation of the case of Force Majeure.

Obligations of the Party. claiming the occurrence of a case of Force Majeure The Party affected by a case of Force Majeure must so inform the other Party forthwith by any means and must confirm its position as soon as possible by email and registered letter with recorded delivery. Notice of a case of Force Majeure (and confirmation thereof) given by the affected Party must specify: ▪  an outline of the alleged event or circumstance, ▪  the date on which the alleged event or circumstance occurred, ▪  for the Storage Facility Manager, the foreseeable consequences on Storage Capacity, the Daily Injection Capacity or the Daily Withdrawal Capacity in question, ▪  for the Customer, the Quantity of Gas that the Customer would have been prevented from supplying to the Storage Facility Manager or from withdrawing at the Transport/Storage Interface Point as a result of the case of Force Majeure. Acting as a Prudent and Reasonable Operator, the Party that claims the occurrence of a case of Force Majeure shall take any reasonable measures that would contribute to minimising the impact of the case of Force Majeure and to do their utmost to ensure that normal performance of the Contract is resumed as soon as possible. During the period during which its obligations are suspended, the Party invoking a case of Force Majeure shall inform the other Party of the consequences of the event or circumstance in question on the fulfilment of its obligations, of the measures it intends to take to minimise its impact on the Contract, of the progress of such measures, of the estimated time for resumption of normal performance of its contractual obligations and of the date of cessation of the case of Force Majeure.