Common use of Delay Caused by Force Majeure Clause in Contracts

Delay Caused by Force Majeure. So long as the affected Party has, at all times since the occurrence of the Force Majeure Event complied with the obligations of Section 13.3 (Duty to Mitigate) and continues to so comply, then (i) the affected Party shall not be liable for any failure or delay in performing its obligations (other than an obligation to make a payment or provide security) under or pursuant to this Agreement during the existence of a Force Majeure Event, and (ii) any performance deadline that the affected Party is obligated to meet under this Agreement shall be extended; provided, however, that no relief, including extension of performance deadlines, shall be granted to the affected Party pursuant to this Section 13.4 (Delay Caused by Force Majeure) to the extent that such failure or delay would nevertheless have been experienced by the affected Party had the Force Majeure Event not occurred. Other than for breaches of this Agreement by the unaffected Party, the unaffected Party shall not bear any liability for any Loss suffered by the affected Party as a result of a Force Majeure Event. Notwithstanding the foregoing, the GOP shall not be entitled to claim for itself, and shall not be relieved of its obligations under this Agreement or under the Guarantee by the occurrence of a Pakistan Political Event or a Change in Law. Implementation Agreement 48

Appears in 1 contract

Sources: Implementation Agreement

Delay Caused by Force Majeure. So long as the affected Party has, at all times since the occurrence of the Force Majeure Event complied with the obligations of of, Section 13.3 (Duty to Mitigate) and, relevant Sections of AJ&K IA and WUA and continues to so comply, then (i) the affected Party shall not be liable for any failure or delay in performing its obligations (other than an obligation to make a payment or provide security) under or pursuant to this Agreement during the existence of a Force Majeure Event, and (ii) any performance deadline that the affected Party is obligated to meet under this Agreement shall be extended; providedprovided , however, that no relief, including extension of performance deadlines, shall be granted to the affected Party pursuant to this Section 13.4 (Delay Caused by Force Majeure) to the extent that such failure or delay would nevertheless have been experienced by the affected Party had the Force Majeure Event not occurred. Other than for breaches of this Agreement by the unaffected other Party, the unaffected other Party shall not bear any liability for any Loss loss or expense suffered by the affected Party as a result of a Force Majeure Event. Notwithstanding the foregoing, the GOP shall not be entitled to claim for itself, and shall not be relieved of its obligations under this Agreement or under the Guarantee by the occurrence of a Pakistan Political Event or a Change in Law. Implementation Agreement 48.

Appears in 1 contract

Sources: Implementation Agreement