Common use of FORCE MAJEURE Clause in Contracts

FORCE MAJEURE. Failure to fulfill the obligations of one of the Parties that is prevented by objective circumstances that are unpredictable and beyond its control will not constitute a breach of the obligations assumed in the ODA and in the Contract. In this regard, events of force majeure will be deemed by way of example, but not limited to, wars, fires, accidents, earthquakes, floods, general strikes, lockouts, embargoes and orders from the public authorities. The Supplier who is prevented from fulfilling its obligations by an event of force majeure shall immediately inform the Purchaser and shall take all reasonable measure to remedy this impediment and to continue the fulfillment of its contractual obligations. Should this event cause a delay in deliveries exceeding 60 (sixty) days, the Purchaser will be entitled to terminate the purchase ODA at any time by sending a registered letter or a certified email (PEC) to the Supplier.