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Common use of Failure or Delay in Performance Clause in Contracts

Failure or Delay in Performance. Except for the payment of money, neither Party shall be liable to the other for failure or delay in performance of its obligations (including shipping delays) if such performance is prevented or delayed by any cause beyond such Party’s reasonable control.

Appears in 4 contracts

Sources: Cardiolite License and Supply Agreement (Lantheus MI Intermediate, Inc.), Cardiolite License and Supply Agreement (Lantheus MI Intermediate, Inc.), Supply Agreement (Lantheus MI Intermediate, Inc.)

Related Clauses

  • Prevention or Delay in Performance by the Depositary or the Company
  • Prevention or Delay in Performance by the Depositary or the Issuer
  • Effect of Failure or Delay in Requesting Compensation
  • Default in Performance
  • Excuse for Nonperformance or Delayed Performance

Parent Clauses

  • Limitation on Suits
  • Miscellaneous
  • Designation of CBD Markets
  • Purchase and Sale of Aircraft
  • Covenant Defeasance

Sub-Clauses

  • Credit Checks; Exchange of Information
  • Choice of Law; Venue
  • Guarantee
  • Assignment; Binding Effect
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