FORCE MAJEURE AND THE ACT OF GOD Sample Clauses

The Force Majeure and Act of God clause defines circumstances under which a party is excused from fulfilling contractual obligations due to extraordinary events beyond their control. This typically covers natural disasters like earthquakes or floods, as well as other unforeseeable events such as war or government actions, which prevent one or both parties from performing as agreed. By including this clause, contracts allocate risk for uncontrollable events and protect parties from liability when performance becomes impossible due to such occurrences.
FORCE MAJEURE AND THE ACT OF GOD. 61.1. As regards any payment obligation resulting on his charge or related to the Contractual Documentation, the Client will be exonerated from the contractual liability only if he is in an objective impossibility to execute that payment obligation as a result of a force majeure event or of an act of god which causes the interruption of the system of intra- and inter-banking payments. This exoneration of contractual liability is applied only for the period the interruption of inter-banking payments system is not remedied.
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FORCE MAJEURE AND THE ACT OF GOD. 61.1. As regards any payment obligation resulting on his charge or related to the Contractual Documentation, the Client will be exonerated from the contractual liability only if he is in an objective impossibility to execute that payment obligation as a result of a force majeure event or of an act of god which causes the interruption of the system of intra- and inter-banking payments. This exoneration of contractual liability is applied only for the period the interruption of inter-banking payments system is not remedied. 61.2. Except for the case above, BCR and the Client are not accountable for any loss caused by a case of force majeure or by an act of god. 61.3. In case of force majeure or an act of god, the affected party will communicate to the other party the occurrence of force majeure or the act of god by phone or fax within maximum 5 (five) calendar days and in the next 15 (fifteen) calendar days has to send the certificate issued by the competent authorities regarding the case of force majeure or the act of god, by registered letter, or in case of the Client, by coming to BCR. If the party invoking the force majeure or the act of god does not notify the other party the existence of such an event, it will be liable for the prejudice cause by that to the other party.
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  • FORCE MAJEURE CLAUSE Contractor shall be excused from performance hereunder during the time and to the extent that it is prevented from obtaining delivery, or performing by act of God, fire, strike, loss, or shortage of transportation facilities, lock-out, commandeering of materials, product, plant, or facilities by the government, when satisfactory evidence thereof is presented to the District, provided that it is satisfactorily established that the

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