Common use of Scope of Force Majeure Clause in Contracts

Scope of Force Majeure. A "FORCE MAJEURE EVENT" shall mean any event, circumstance or condition that (i) directly or indirectly prevents the fulfillment of any material obligation set forth in this Contract, (ii) is beyond the reasonable control of the respective Party, and (iii) could not, by the exercise of reasonable care, have been avoided or overcome in whole or in part by such Party. Subject to the aforementioned items (i), (ii) and (iii), Force Majeure Event includes, but is not limited to, natural disasters such as acts of God, earthquake, windstorm and flood, terrifying events such as war, terrorism, civil commotion, riot, blockade or embargo, fire, explosion, off-stream or strike or other labor disputes, epidemic and pestilence, material accident or by reason of any law, order, proclamation, regulation, ordinance, demand, expropriation, requisition or requirement or any other act of any governmental authority, including military action, court orders, judgments or decrees.

Appears in 3 contracts

Samples: Equity Joint Venture Contract (Cooper Tire & Rubber Co), Equity Joint Venture Contract (Cooper Tire & Rubber Co), Asset Purchase Agreement (Cooper Tire & Rubber Co)

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Scope of Force Majeure. A "FORCE MAJEURE EVENTForce Majeure Event" shall mean any event, circumstance or condition that (i) directly or indirectly prevents the fulfillment of any material obligation set forth in this Contract, (ii) is beyond the reasonable control of the respective PartyMember, and (iii) could not, by the exercise of reasonable care, have been avoided or overcome in whole or in part by such PartyMember. Subject to the aforementioned items (i), (ii) and (iii), Force Majeure Event includes, but is not limited to, natural disasters such as acts of God, earthquake, windstorm and flood, ; terrifying events such as war, terrorism, civil commotion, riot, blockade or embargo, fire, or explosion, ; off-stream or strike or other labor disputes, ; epidemic and pestilence, ; material accident accident; or by reason of any law, order, proclamation, regulation, ordinance, demand, expropriation, requisition or requirement or any other act of any governmental authority, including military action, court orders, judgments or decrees.

Appears in 1 contract

Samples: Joint Venture Contract (Cooper Tire & Rubber Co)

Scope of Force Majeure. A "FORCE MAJEURE EVENT" “Force Majeure Event” shall mean any event, circumstance or condition that (i) directly or indirectly prevents the fulfillment of any material obligation set forth in this Contract, (ii) is beyond the reasonable control of the respective Party, and (iii) could not, by the exercise of reasonable care, have been avoided or overcome in whole or in part by such Party. Subject to the aforementioned items (i), (ii) and (iii), Force Majeure Event includes, but is not limited to, natural disasters such as acts of God, earthquake, windstorm and flood, terrifying events such as war, terrorism, civil commotion, riot, blockade or embargo, fire, explosion, off-stream or strike or other labor disputes, epidemic and pestilence, material accident or by reason of any law, order, proclamation, regulation, ordinance, demand, expropriation, requisition or requirement or any other act of any governmental authority, including military action, court orders, judgments or decrees.

Appears in 1 contract

Samples: Equity Joint Venture Contract (Cooper Tire & Rubber Co)

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Scope of Force Majeure. A "FORCE MAJEURE EVENT" shall mean any event, circumstance or condition that (i) directly or indirectly prevents the fulfillment of any material obligation set forth in this ContractAgreement, (ii) is beyond the reasonable control of the respective Party, and (iii) could not, by the exercise of reasonable care, have been avoided or overcome in whole or in part by such Party. Subject to the aforementioned items (i), (ii) and (iii), Force Majeure Event includes, but is not limited to, natural disasters disaster such as earthquake, acts of God, earthquake, windstorm and flood, terrifying events windstorm, etc., contingency such as war, terrorism, civil commotion, riot, blockade or embargo, fire, explosion, off-stream or strike or other labor disputesetc., epidemic and pestilencedelays of carriers that can be proved, material accident epidemic, or by reason of any law, order, proclamation, regulation, ordinance, demand, expropriation, requisition or requirement or any other act of any governmental authority, including military action, court orders, judgments or decrees.

Appears in 1 contract

Samples: Asset Purchase Agreement (Cooper Tire & Rubber Co)

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