Common use of Unavoidable Delay - Force Majeure Clause in Contracts

Unavoidable Delay - Force Majeure. If either party shall be delayed or prevented from the performance of any act required by this Lease by reason of act of God, strikes, lockouts, labor troubles, inability to procure materials, restrictive governmental laws or regulations or other cause, without fault and beyond the reasonable control of the party obligated (financial inability excepted), performance of such act shall be excused for the period of the delay; and the period of the performance of any such act shall be extended for a period equivalent to the period of such delay; provided, however, nothing in this Section 15.04 shall excuse Tenant from the prompt payment of any rental or other charge required of Tenant.

Appears in 4 contracts

Samples: Mecklenburg    Lease Agreement (Coca-Cola Consolidated, Inc.), Management Agreement, Lease Agreement (Coca Cola Bottling Co Consolidated /De/)

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Unavoidable Delay - Force Majeure. If either party shall be delayed or prevented from the performance of any act required by this Ground Lease by reason of act acts of God, strikes, lockouts, labor troubles, inability to procure materials, restrictive governmental laws laws, or regulations or other cause, without fault and beyond the reasonable control of the party obligated (financial inability excepted), performance of such act shall be excused for the period of the delay; and the period of for the performance of any such act shall be extended for a period equivalent to the period of such delay; provided, however, nothing in this Section 15.04 section shall excuse Tenant from the prompt payment of any rental or other charge required of Tenant.

Appears in 2 contracts

Samples: Lease Agreement, Lease Agreement (Health Management Associates Inc)

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Unavoidable Delay - Force Majeure. If either party shall be delayed or prevented from the performance of any act required by this Lease by reason of act acts of God, strikes, lockouts, labor troubles, inability to procure materials, restrictive governmental laws laws, or regulations or other cause, without fault and beyond the reasonable control of the party obligated (financial inability excepted), performance of such act shall be excused for the period of the delay; and the period of for the performance of any such act shall be extended for a period equivalent to the period of such delay; provided, however, nothing in this Section 15.04 section shall excuse Tenant Lessee from the prompt payment of any rental or other charge required of TenantLessee except as may be expressly provided elsewhere in this Lease.

Appears in 1 contract

Samples: Escrow Agreement (Windrose Medical Properties Trust)

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