Common use of Effect of a Force Majeure Event Clause in Contracts

Effect of a Force Majeure Event. The Affected Party is excused from performance of its obligations under this Agreement to the extent that performance thereof is impeded or prevented due to a Force Majeure Event and must not be liable for the non-performance of such obligation during the period of Force Majeure. The Affected Party shall however continue to perform all of its obligations under this Agreement, which are not affected by a Force Majeure Event in accordance with the terms of this Agreement. In the event of Prolonged Force Majeure Event, either Party may upon twenty (20) Business Days' notice to the other Party, provided that such Prolonged Force Majeure Event is continuing, terminate this Agreement. In this event, the Project Company shall pay the Installation Contractor in accordance with Clause 25.2(b) (Consequences of Project Company Termination Events) provided that the Installation Contractor complies with its obligations under Clause 25.2 (Consequences of Project Company Termination Events) not later than ten (10) Business Days following receipt of the notice.

Effect of a Force Majeure Event. The Affected Party is excused from performance of its obligations under this Agreement to the extent that performance thereof is impeded or prevented due to a Force Majeure Event and must not be liable for the non-performance of such obligation during the period of Force MajeureMajeure Event. The Affected Party shall however continue to perform all of its obligations under this Agreement, which are not affected by a Force Majeure Event in accordance with the terms of this Agreement. In the event of Prolonged Force Majeure Event, either Party may upon twenty (20) Business Days' notice to the other Party, provided that such Prolonged Force Majeure Event is continuing, terminate this Agreement. In this event, the Project Company shall pay the Installation Contractor Supplier in accordance with Clause 25.2(b24.2(b) (Consequences of Termination due to Project Company Termination Events) Company's Fault), provided that the Installation Contractor Supplier complies with its obligations under Clause 25.2 24.2(a) (Consequences of Termination due to Project Company Termination Events) Company's Fault), not later than ten (10) Business Days following receipt of the notice.