Common use of Notice of Event of Force Majeure Clause in Contracts

Notice of Event of Force Majeure. The Party whose performance is prevented by an Event of Force Majeure must provide notice to the other Party. Initial notice may be given orally; however, written notice with reasonably full particulars of the Event of Force Majeure is required as soon as reasonably possible. Upon providing written notice of the Event of Force Majeure to the other Party, the affected Party will be relieved of its obligation, from the onset of the Event of Force Majeure, to make or accept delivery of the Redelivery Quantity or Lease LNG, as applicable, to the extent affected by and for the duration of the Event of Force Majeure, and neither Party shall be deemed to have failed in such obligations to the other during such Event of Force Majeure.

Appears in 1 contract

Sources: LNG Lease Agreement (Cheniere Energy Inc)

Notice of Event of Force Majeure. The Party whose performance is prevented by an Event of Force Majeure must provide notice to the other Partyparty. Initial notice may be given orally; however, written notice with reasonably full particulars of the Event of Force Majeure is required as soon as reasonably possible. Upon providing written notice of the Event of Force Majeure to the other Party, the affected Party will be relieved of its obligation, from the onset of the Event of Force Majeure, to make or accept delivery of the Redelivery Quantity or Lease LNG, as applicable, to the extent affected by and for the duration of the Event of Force Majeure, and neither Party shall be deemed to have failed in such obligations to the other during such Event of Force Majeure.

Appears in 1 contract

Sources: LNG Lease Agreement (Cheniere Energy Inc)