Common use of Uncontrollable Circumstances Clause in Contracts

Uncontrollable Circumstances. 20.1 Except as expressly provided for in this Agreement, no party shall be in default under this Agreement or liable to the other party for any loss, damage or delay to the extent it results from an uncontrollable circumstance if such circumstance is not caused by the default or act of commission or omission of such party or avoidable by the exercise of reasonable effort or foresight provided that nothing excuses a delay caused by lack of funds or other financial circumstances or excuses a party from payment of any amount payable hereunder when due.

Appears in 3 contracts

Samples: Contribution Agreement, Contribution Agreement, Forbearance Agreement

AutoNDA by SimpleDocs

Uncontrollable Circumstances. 20.1 19.1 Except as expressly provided for in this Agreement, no party shall be in default under this Agreement or liable to the other party for any loss, damage or delay to the extent it results from an uncontrollable circumstance if such circumstance is not caused by the default or act of commission or omission of such party or avoidable by the exercise of reasonable effort or foresight provided that nothing excuses a delay caused by lack of funds or other financial circumstances or excuses a party from payment of any amount payable hereunder when due.

Appears in 3 contracts

Samples: Contribution Agreement, Contribution Agreement, Of Contribution Agreement

AutoNDA by SimpleDocs

Uncontrollable Circumstances. 20.1 Except as expressly provided for in this Agreement, no party neither Party shall be in default under this Agreement or liable to the other party for any loss, damage or delay to the extent it results from an uncontrollable circumstance if such circumstance is not neither caused by the default or act of commission or omission of such party or Party nor avoidable by the exercise of reasonable effort or foresight provided that nothing excuses a delay caused by lack of funds or other financial circumstances or excuses a party Party from payment of any amount payable hereunder when due.

Appears in 1 contract

Samples: Contribution Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.