Affected Obligation definition
Examples of Affected Obligation in a sentence
The affected party shall thereafter have an additional period of time equal to the duration of the force majeure to complete the Affected Obligation.
If a party is prevented from completing any obligation under this Agreement, other than an obligation that may be satisfied by the payment of money, by a force majeure (the “Affected Obligation”), the Affected Obligation shall be suspended and that party shall not be deemed in default or liable for damages or other remedies as a result thereof for so long as that party is prevented from complying with the Affected Obligation by the force majeure.
Affected Obligation* has the meaning given to it in clause 22.1. Affected Person* has the meaning given to it in clause 22.1. Affected Service* has the meaning given to it in clause 7.3(a).
If an Affected Person fails to comply with clause 8.2(a)(ii)(B), then the only consequence of that failure is that the FM Period is reduced by the period of any delay in the performance of the Affected Obligation attributable to that failure.
If an Event of Force Majeure occurs, the Affected Party must, as soon as practicable after the occurrence of that Event of Force Majeure, use reasonable endeavours (including incurring any reasonable expenditure of funds and rescheduling manpower and resources) to mitigate the consequences of that Event of Force Majeure and minimise any resulting delay in the performance of the Affected Obligation.