Common use of An Excusable Clause in Contracts

An Excusable. Delay shall extend the time for the applicable Party’s performance for as many days beyond the date therefor as is required to obtain removal of the causes of such Excusable Delay and the effects thereof. This provision, however, shall not relieve the Party to which an Excusable Delay is attributable from advising the other Parties of the occurrence of the causes leading to the Excusable Delay or from using its reasonable efforts to avoid or remove such cause(s) and the effects thereof and to continue its performance with reasonable dispatch whenever such cause(s) and the effects thereof are removed.

Appears in 2 contracts

Sources: Conversion Agreement (Air Transport Services Group, Inc.), Conversion Agreement (Air Transport Services Group, Inc.)