Common use of Termination Due to Force Majeure Event Clause in Contracts

Termination Due to Force Majeure Event. (i) If a Force Majeure Event shall occur relative to a material obligation of either Party, and such Force Majeure Event or the effect thereof prevents or is reasonably anticipated to prevent the performance of such obligation for a period of one hundred eighty (180) Days or more, the affected Party, upon Notice to the other Party, may, in the affected Party’s sole discretion, terminate this Agreement forthwith without payment, damage or penalty as a result of such termination and the Parties hereby waive any right to any such damage, penalty, or payment.

Termination Due to Force Majeure Event. (i) If a Force Majeure Event shall occur relative to a material obligation of either Party, and such Force Majeure Event or the effect thereof prevents or is reasonably anticipated to prevent the performance of such obligation for a period of [one hundred eighty (180) )] Days or more, the affected Party, upon Notice to the other Party, may, in the affected Party’s sole discretion, terminate this Agreement forthwith without payment, damage or penalty as a result of such termination and the Parties hereby waive any right to any such damage, penalty, or payment.

Termination Due to Force Majeure Event. (i) If a Force Majeure Event shall occur relative to a material obligation of either Party, and such Force Majeure Event or the effect thereof prevents or is reasonably anticipated to prevent the performance of such obligation for a period of one hundred eighty (180) Days or more, the affected Party, upon Notice to the other Party, may, in the affected aff ected Party’s sole discretion, terminate this Agreement forthwith without payment, damage or penalty as a result of such termination and the Parties hereby waive any right to any such damage, penalty, or payment.

Termination Due to Force Majeure Event. (i) If a Force Majeure Event shall occur relative to a material obligation of either Party, and such Force Majeure Event or the effect thereof prevents or is reasonably anticipated to prevent the performance of such obligation for a period of one hundred eighty (180) Days or more, the affected Party, upon Notice to the other Party, may, in the affected Party’s sole discretion, terminate this DocuSign Envelope ID: B0A47EA5-ADDC-4324-853B-09D49711DBFF Agreement forthwith without payment, damage or penalty as a result of such termination and the Parties hereby waive any right to any such damage, penalty, or payment.