Force Majeure definition
Examples of Force Majeure in a sentence
The Party impacted by the Force Majeure Event must swiftly inform the other Party in writing about the nature, expected duration, and impact of the event.
The timeframe may be influenced by a variety of factors including but not limited to lower than expected churn levels, temporary suspensions of the Client store, and Force Majeure events such as supply chain disruptions, acts of war, or product recalls.
These include but are not limited to acts of God, war, terrorism, labor disputes and strikes, civil unrest, natural disasters, or governmental action ("Force Majeure Event").
It is expressly agreed that Supplier’s ability to sell Goods at a more advantageous price or Supplier’s economic hardship in buying the materials does not constitute a Force Majeure Event.
For the avoidance of doubt, Force Majeure Event will not relieve Partner’s obligation to make payments due hereunder for Products or Services actually delivered.