Common use of Suspension of Performance Clause in Contracts

Suspension of Performance. Neither S&P nor Licensee shall bear responsibility or liability for any losses arising out of any delay in or interruptions of their respective performance of their obligations under this Agreement due to any act of God, act of governmental authority, act of the public enemy or due to war, the outbreak or escalation of hostilities, riot, fire, flood, civil commotion, insurrection, labor difficulty (including, without limitation, any strike, or other work stoppage or slow down), severe or adverse weather conditions, communications line failure, or other similar cause beyond the reasonable control of the party so affected.

Appears in 18 contracts

Samples: License Agreement (Barclays Global Investors Funds), License Agreement (Northwestern Mutual Series Fund Inc), License Agreement (S&p Quality Rankings Global Equity Managed Trust)

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Suspension of Performance. Neither S&P Mergent nor Licensee shall bear responsibility or liability for any losses arising out of any delay in or interruptions of their respective performance of their obligations under this Agreement due to any act of God, act of governmental authority, act of the a public enemy or due to war, the outbreak or escalation of hostilities, riot, fire, flood, civil commotion, insurrection, labor difficulty (including, without limitation, any strike, or other work stoppage or slow down), severe or adverse weather conditions, communications line failure, or other similar cause beyond the reasonable control of the party so affected.

Appears in 4 contracts

Samples: License Agreement (Blackrock Strategic Dividend Achievers Trust), License Agreement (Blackrock Dividend Achievers Trust), License Agreement (BlackRock Enhanced Dividend Achievers Trust)

Suspension of Performance. Neither S&P SNGI nor Licensee shall bear responsibility or liability for any losses arising out of any delay in or interruptions of their respective performance of their obligations under this Agreement due to any act of God, act of governmental authority, act of terrorism, act of the public enemy or due to war, the outbreak or escalation of hostilities, riot, fire, flood, civil commotion, insurrection, labor difficulty (including, without limitation, any strike, or other work stoppage or slow down), severe or adverse weather conditions, communications line failure, or other similar cause beyond the reasonable control of the party so affected.

Appears in 3 contracts

Samples: License Agreement (Van Kampen Unit Trusts Series 880), License Agreement (Van Kampen Unit Trusts Series 702), License Agreement (Van Kampen Unit Trusts Series 799)

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Suspension of Performance. Neither S&P S-NET nor Licensee shall bear responsibility or liability for any losses arising out of any delay in or interruptions of their respective performance of their obligations under this Agreement due to any act of God, act of governmental authority, act of terrorism, act of the public enemy or due to war, the outbreak or escalation of hostilities, riot, fire, flood, civil commotion, insurrection, labor difficulty (including, without limitation, any strike, or other work stoppage or slow down), severe or adverse weather conditions, communications line failure, or other similar cause beyond the reasonable control of the party so affected.

Appears in 1 contract

Samples: License Agreement (Procure ETF Trust II)

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