Force Majeure definition
Examples of Force Majeure in a sentence
The Party affected by a Force Majeure will give prompt written notice to the other Party of the nature of the cause of any material delay or failure to perform, its anticipated duration and any action being taken to avoid or minimize the effect.
Party A shall make commercially reasonable efforts to avoid the adverse impacts of a Force Majeure and to resolve any Force Majeure event or occurrence once it has occurred in order to resume performance, to the extent required hereunder.
Upon providing such notice, Party A will be relieved of its affected obligation, from the onset of the Force Majeure event, to the extent and for the duration of Force Majeure.
If a Force Majeure Event persists for a period greater than thirty (30) consecutive days, such Party shall send monthly written updates describing its efforts and progress towards the resumption of performance of its obligations under this Agreement and its good faith estimate of the continued duration of such Force Majeure Event.
Force Majeure events include, but are not limited to grid failure, natural disasters, act of God, war, infrastructure and system failures, regulatory and legal changes.