Crisis Events Clause Samples
The Crisis Events clause defines how parties to an agreement should respond if an unexpected and significant disruptive event occurs, such as a natural disaster, war, or major economic upheaval. Typically, this clause outlines the types of events considered crises, the obligations of each party during such events, and any temporary suspensions or modifications to contractual duties that may result. Its core practical function is to provide a clear framework for managing contractual relationships during extraordinary circumstances, thereby reducing uncertainty and allocating risk when normal performance becomes difficult or impossible.
Crisis Events. (a) As soon as reasonably practicable after Viterra becomes aware of a Crisis Event, Viterra will notify affected Clients of:
(i) the nature of the Crisis Event;
(ii) how the Client may be impacted by the Crisis Event;
(iii) the extent to which the Crisis Event requires Viterra to shut down, delay or make changes to operations at any Viterra Facility; and
(iv) any reasonable directions that Viterra is giving in connection with the Crisis Event.
(b) The Client must (and must ensure that its employees, agents and contractors) comply with all reasonable directions given by Viterra's representatives in connection with a Crisis Event.
(c) Viterra will use all reasonable endeavours to resolve, and minimise the impact of, the Crisis Event.
(d) Viterra will not be responsible for any Loss suffered or incurred by any Client or third party as a result of, or in connection with, the Crisis Event. However, without limiting clause 13, Viterra will consider all reasonable claims made by a Client in writing which substantiate Losses directly incurred by the Client as a result of the Crisis Event.
(e) If, as a result of a Crisis Event, Viterra identifies that there is likely to be a shortfall in the capacity that is available to meet the Capacity entitlements held by a Client, Viterra will undertake the process described in clause 15.3.
Crisis Events. (a) As soon as reasonably practicable after Viterra becomes aware of a Crisis Event, Viterra will notify affected Clients of:
(i) the nature of the Crisis Event;
(ii) how the Client may be impacted by the Crisis Event;
(iii) the extent to which the Crisis Event requires Viterra to shut down, delay or make changes to operations at any Viterra Facility; and
(iv) any reasonable directions that Viterra is giving in connection with the Crisis Event.
(b) The Client must (and must ensure that its employees, agents and contractors) comply with all reasonable directions given by Viterra's representatives in connection with a Crisis Event.
Crisis Events