Unforeseen Circumstance definition
Examples of Unforeseen Circumstance in a sentence
Any circumstance relating to Permit Species not addressed by this Agreement is an Unforeseen Circumstance.
Notwithstanding the foregoing, in the event of an Unforeseen Circumstance that limits Seller's ability to deliver coal to Buyer, Seller shall allow Buyer access to the Reserve Inventory (or another source identified by Seller) so that Buyer can transport coal from the Reserve Inventory (or coal in the same quantity on a Btu basis from such other source) to the Facility with its own trucks.
Deliveries not made or not accepted due to an Unforeseen Circumstance shall not be made up except by mutual agreement by the parties hereto.
The party whose performance under this Agreement has been affected by an Unforeseen Circumstance shall provide prompt written notice of the occurrence and of the cessation of such Unforeseen Circumstance to the other party.
In each instance, the party affected by such Unforeseen Circumstance shall exercise reasonable diligence to resume operations hereunder; provided, however, that each party shall have the right to settle any strikes, lockouts or industrial disputes in its sole discretion and the aforesaid requirement of exercising reasonable diligence to resume operations shall not require either party to accede to any demand or position of any other party involved in such strike, lockout or industrial dispute.
During any period in which mining, preparing, loading, delivering and/or selling coal by Seller hereunder is curtailed as a result of an Unforeseen Circumstance and Seller cannot deliver all of the requirements of coal under this Agreement, Seller may, as a minimum, prorate its available coal from its Operations among all of Seller's customers of its Operations, including Buyer, in proportion to its prior commitments to such customers.
In agreements or contracts entered into between Seller and any customer other than Buyer, Seller has not committed and shall not commit to any such customer that it would have first call on any coal similar in quality to the coal required to be delivered under this Agreement during an Unforeseen Circumstance.
Neither Seller nor Buyer shall be liable to the other for any failure or delay in performance of any obligation under this Agreement due to the occurrence of an Unforeseen Circumstance.
Neither party shall be liable for damages, delays, or failure to perform its obligations under this Agreement if such failure is due to any Unforeseen Circumstance beyond its reasonable control.
The Company shall be unable to treat as an Unforeseen Circumstance an insurable loss incurred by the Company with respect to which the Company failed to procure insurance which it was obligated to procure under this Agreement.