Common use of Termination Payment for Force Majeure Event Clause in Contracts

Termination Payment for Force Majeure Event. 16.9.1 If Termination is on account of any of the Force Majeure Events, the Authority shall return the Performance Security to the Agency. The Agency shall take appropriate insurance cover for hedging risks associated with the events of Force Majeure.

Termination Payment for Force Majeure Event. 16.9.1 21.9.1 If Termination is on account of any of the Force Majeure Events, the Authority shall return the Performance Security to the AgencyService Provider. The Agency Service Provider shall only be entitled to payment of unpaid and due Video consultation Fee for the Telemedicine Services rendered in accordance with term hereof prior to termination date. The Service Provider shall take appropriate insurance cover Insurance Cover for hedging risks associated with the events of Force Majeure.. The Authority shall also pay the book value (as per annual reports submitted to Authority refer Article

Termination Payment for Force Majeure Event. 16.9.1 13.9.1 If Termination is on account of any of the Force Majeure Events, the Authority shall return the Performance Security and pay Monthly Service Fee due and payable before suspension of services to the AgencyService Provider. The Agency Service Provider shall take appropriate insurance cover Insurance Cover for hedging risks associated with the events of Force Majeure.