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 acts of God, strikes, lockouts, labor troubles, inability to procure materials, 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; provided, however, nothing in this section shall excuse Lessee from the prompt payment of any rental or other charge required of Lessee except as may be expressly provided elsewhere in this Lease. 386

Appears in 2 contracts

Sources: Lease (Sixth Business Service Group Inc), Lease (Sixth Business Service Group Inc)

Unavoidable Delay - Force Majeure. If either party shall will be delayed or prevented from the performance of any act required by this Lease by reason of acts of God, strikes, lockouts, labor troubles, pandemics, epidemics, 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) obligated, performance of such the act shall will be excused for the period of the delay; provided, however, nothing in this section shall excuse Lessee from and the prompt payment period for the performance of any rental or other charge required act will be extended for a period equivalent to the period of Lessee except as may be expressly provided elsewhere in this Lease. 386the delay.

Appears in 1 contract

Sources: Ground Lease