Termination for Force Majeure definition
Examples of Termination for Force Majeure in a sentence
To the extent a Non-performing Party is entitled to defer certain liabilities pursuant to Article 21 (Force Majeure) of the Agreement, the permitted period of deferral shall be governed by Section 21.6 (Termination for Force Majeure) in lieu of this Article 15 (Events of Default).
Other than as provided in Section 21.5 (Guaranteed Project Milestones Including Commercial Operations) and Section 21.6 (Termination for Force Majeure), neither Party shall be responsible or liable for any delays or failures in its performance under this Agreement as and to the extent (i) such delays or failures are substantially caused by conditions or events of Force Majeure, and (ii) the conditions of Section 21.4 (Satisfaction of Certain Conditions) are satisfied.
In the event of termination pursuant to this Section 21.6 (Termination for Force Majeure), neither Party shall be liable for any damages or have any obligations to the other, except as provided in Section 29.25 (Survival of Obligations) other than as provided in Section 29.25(b).
In the event of termination pursuant to this Section 17.5 (Termination for Force Majeure), neither Party shall be liable for any damages or have any obligations to the other, except as provided in Section 27.22 (Survival of Obligations) (but excluding Section 27.22(b)).
Except as provided in Article 11 (Construction Period and Milestones) and Section 17.5 (Termination for Force Majeure), neither Party will be considered to be in default in the performance of any of its obligations set forth in this Agreement (except for obligations to pay money) when and to the extent failure of performance is caused by Force Majeure; provided, that a failure to make payments when due that accrued prior to the Force Majeure event shall not be excused.
In case of Termination for Force Majeure Event, the provisions of Clause 15.3 and 15.4 shall be applicable.
Termination for Force Majeure: In the event that performance of services is prevented or delayed by circumstances beyond control, either party may terminate the Agreement without liability.
To the extent a Non-performing Party is entitled to defer certain liabilities pursuant to Article 7 (Force Majeure) of these General Terms and Conditions, the permitted period of deferral shall be governed by Section 7.6 (Termination for Force Majeure) in lieu of this Article 8 (Events of Default).
Consequences of Termination If this Agreement is terminated under clause 45.5 (Unable to Agree) or clause 45.7 (Notice to Continue): compensation shall be payable by the Authority in accordance with clause 52 (Compensation on Termination for Force Majeure); and the Authority may require the Contractor to transfer all of its title, interest and rights in and to any Assets to the Authority.
If this Agreement is terminated pursuant to Clause 41 (Termination Resulting from Force Majeure), then the Authority shall pay compensation to Sub-hubco in accordance with Section 3 (Consequence of Termination for Force Majeure) of Schedule Part 17 (Compensation on Termination).