Common use of Termination for Extended Force Majeure Clause in Contracts

Termination for Extended Force Majeure. If the Manufacturer is unable to perform, or delayed in performing, under this Agreement for six consecutive months as a result of a Force Majeure, the Purchaser will have the right to terminate this Agreement, in whole or in part, by giving at least thirty (30) days prior written notice to the Manufacturer. At the Purchaser’s option, termination will be effective even if the Farce Majeure ends before the effective date of termination. if this Agreement is terminated under this Section 14.5, the Manufacturer will be entitled to seek termination payments as provided in Section 15.4.2 below.

Appears in 2 contracts

Sources: Manufacturing Agreement (Kimree, Inc.), Manufacturing Agreement (Kimree, Inc.)