Common use of Consequences of Force Majeure Clause in Contracts

Consequences of Force Majeure. If the Affected Party has taken all necessary steps towards mitigating the effect of a Force Majeure event, then: 12.4.1 The obligations of the Affected Party shall be suspended to the extent that they are affected by the Force Majeure event so long as the Force Majeure event continues. 12.4.2 To the extent the performance of the obligations of the Affected Party is affected by the Force Majeure event, the time period for the performance of the obligations of the Affected Party shall be extended by a similar time period on a day for day basis. 12.4.3 Notwithstanding any other provision of this Article 12, a Force Majeure event shall not absolve the Lessee and NRDA from any obligation to make payments in respect of its obligations under this Agreement in the event such payment obligations have arisen prior to the occurrence of the Force Majeure event.

Consequences of Force Majeure. If the Affected Party has taken all necessary steps towards mitigating the effect of a Force Majeure event, then: 12.4.1 12.4.1. The obligations of the Affected Party shall be suspended to the extent that they are affected by the Force Majeure event so long as the Force Majeure event continues. 12.4.2 12.4.2. To the extent the performance of the obligations of the Affected Party is affected by the Force Majeure event, the time period for the performance of the obligations of the Affected Party shall be extended by a similar time period on a day for day basis. 12.4.3 12.4.3. Notwithstanding any other provision of this Article 12, a Force Majeure event shall not absolve the Lessee Developer and NRDA from any obligation to make payments in respect of its obligations under this Agreement in the event such payment obligations have arisen prior to the occurrence of the Force Majeure event.

Consequences of Force Majeure. If the Affected Party has taken all necessary steps towards mitigating the effect of a Force Majeure event, then: 12.4.1 The obligations of the Affected Party shall be suspended to the extent that they are affected by the Force Majeure event so long as the Force Majeure event continues. 12.4.2 To the extent the performance of the obligations of the Affected Party is affected by the Force Majeure event, the time period for the performance of the obligations of the Affected Party shall be extended by a similar time period on a day for day basis. 12.4.3 Notwithstanding any other provision of this Article 12, a Force Majeure event shall not absolve the Lessee Developer and NRDA from any obligation to make payments in respect of its obligations under this Agreement in the event such payment obligations have arisen prior to the occurrence of the Force Majeure event.

Consequences of Force Majeure. If the Affected Party has taken all necessary steps towards mitigating the effect of a Force Majeure event, then: 12.4.1 12.3.1 The obligations of the Affected Party shall be suspended to the extent that they are affected by the Force Majeure event so long as the Force Majeure event continues. 12.4.2 12.3.2 To the extent the performance of the obligations of the Affected Party is affected by the Force Majeure event, the time period for the performance of the obligations of the Affected Party shall be extended by a similar time period on a day for day basis. 12.4.3 12.3.3 Notwithstanding any other provision of this Article 12, a Force Majeure event shall not absolve the Lessee and NRDA from any obligation to make payments in respect of its obligations under this Agreement in the event such payment obligations have arisen prior to the occurrence of the Force Majeure event.

Consequences of Force Majeure. If the Affected Party has taken all necessary steps towards mitigating the effect of a Force Majeure event, then: 12.4.1 12.3.1 The obligations of the Affected Party shall be suspended to the extent that they are affected by the Force Majeure event so long as the Force Majeure event continues. 12.4.2 12.3.2 To the extent the performance of the obligations of the Affected Party is affected by the Force Majeure event, the time period for the performance of the obligations of the Affected Party shall be extended by a similar time period on a day for day basis. 12.4.3 12.3.3 Notwithstanding any other provision of this Article 12, a Force Majeure event shall not absolve the Lessee and NRDA NRANVP from any obligation to make payments in respect of its obligations under this Agreement in the event such payment obligations have arisen prior to the occurrence of the Force Majeure event.

Consequences of Force Majeure. If the Affected Party has taken all necessary steps towards mitigating the effect of a Force Majeure event, then: 12.4.1 : The obligations of the Affected Party shall be suspended to the extent that they are affected by the Force Majeure event so long as the Force Majeure event continues. 12.4.2 . To the extent the performance of the obligations of the Affected Party is affected by the Force Majeure event, the time period for the performance of the obligations of the Affected Party shall be extended by a similar time period on a day for day basis. 12.4.3 . Notwithstanding any other provision of this Article 12, a Force Majeure event shall not absolve the Lessee Developer and NRDA from any obligation to make payments in respect of its obligations under this Agreement in the event such payment obligations have arisen prior to the occurrence of the Force Majeure event.