Payment During Force Majeure Event Sample Clauses

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Payment During Force Majeure Event. 21.3.1 Buyer shall not be obliged to pay Capacity Payments, Energy Payments and Start Up Payments during a Force Majeure Event other than as set out in this Clause 21.3. 21.3.2 If a Local Political Force Majeure Event affects the ability of Seller to make available the Contract Capacity of the Plant, Buyer shall continue to make: (a) Capacity Payments in respect of the last Tested Capacity preceding the Force Majeure Event; and (b) Energy Payments, in respect of any Net Electrical Output delivered to Buyer; and (c) any Gas Payments due under Schedule 6. 21.3.3 If a Force Majeure Event does not affect the ability of Seller to make available Contract Capacity, but affects the ability of Buyer to accept Net Electrical Output at the Delivery Point, Buyer shall continue to make: (a) Capacity Payments in respect of the last Tested Capacity determined without reference to such Force Majeure Event; (b) Energy Payments in respect of any Net Electrical Output delivered to Buyer; and (c) any Gas Payments due under Schedule 6. 21.3.4 If a Foreign Political Force Majeure Event or Natural Force Majeure Event affects the ability of Seller to make available the Contract Capacity, Buyer shall continue to make: (a) Capacity Payments in respect only of that portion of the last Tested Capacity that Seller is able to make available to Buyer during the Force Majeure Event; (b) Energy Payments in respect of any Net Electrical Output delivered to Buyer during the Force Majeure Event; and (c) any Gas Payments in respect of any Net Electrical Output delivered to Buyer during the Force Majeure Event.
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Payment During Force Majeure Event. Upon occurrence of any Force Majeure Event after the Commercial Operations Date, then during pendency of such Force Majeure Event, the Purchaser shall pay to the Seller Energy Payments for Monthly Energy that the Seller provides during the pendency of such Force Majeure Event.
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Payment During Force Majeure Event. Upon the occurrence of any Force Majeure Event during the Supply Period, then during the pendency of a Force Majeure Event, SSS shall pay to Seller the Wet Sand Price for Wet Sand delivered during the pendency of such Force Majeure Event, calculated without regard to the effects of such Force Majeure Event on the quantities of Wet Sand supplied during the pendency of such Force Majeure Event.
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Payment During Force Majeure Event. (a) Upon the occurrence of any Force Majeure Event after the Commercial Operations Date, then during the pendency of a Force Majeure Event, the Power Purchaser shall pay to the Company Energy Payments for Net Electrical Output delivered during the pendency of such Force Majeure Event plus Capacity Payments for the Available Capacity that the Company is able to provide during the pendency of the Force Majeure Event. (b) Upon the occurrence of and at any time during the pendency of a Force Majeure Event, either Party may request that a test be performed to determine the then-available Tested Capacity in accordance with the provisions of Section 8.4; provided, however, that no more than two (2) tests may be requested by a Party within any thirty (30) Day period during the pendency of the Force Majeure Event. Except as provided in this Section 15.5 and in Section 15.6, the Company shall not be entitled to any payments from the Power Purchaser during any Force Majeure Event.
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Payment During Force Majeure Event. Upon the occurrence of any Force Majeure Event during the Supply Period, then during the pendency of a Force Majeure Event, Producer shall pay to SSS the Dry Sand Production Price *** Certain information in this document has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions. for Wet Sand actually processed for Dry Sand delivery during the pendency of such Force Majeure Event, calculated without regard to the effects of such Force Majeure Event on the quantities of Wet Sand actually processed during the pendency of such Force Majeure Event.
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Payment During Force Majeure Event. Upon occurrence of any Force Majeure Event after the Commercial Operations Date, then during pendency of such Force Majeure Event, the Purchaser shall pay to the Seller energy payments for Net Delivered Energy that the Seller provides during the pendency of such Force Majeure Event.
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Payment During Force Majeure Event. 16.5.1. Upon the occurrence of any Force Majeure Event after the Commencement Date, the Operator shall be entitled to submit its claim for any additional Costs incurred. The Employer shall then proceed in accordance with Section 3.5 (Determinations) to agree or determine any Costs (if any) which the Operator is entitled during the pendency of a Force Majeure Event.
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Payment During Force Majeure Event. Buyer shall not be obliged to pay Energy Payments during a Force Majeure Event other than as set out in this Clause 20.3. Parties shall bear their respective costs and neither Party shall be required to pay to the other Party any cost arising out of such Force Majeure Event 20.3.1 If during a Force Majeure Event, the Seller is able to make available Net Electrical Output that corresponds to or is less than the Contract Capacity, Buyer shall, on the basis of actual meter reading data, pay the Seller for such Net Electrical Output.
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Payment During Force Majeure Event. 21.3.1 Buyer shall not be obliged to pay Energy Payments and Availability Event Energy Payments during a Force Majeure Event other than as set out in this Clause 0. 21.3.2 If a Local Political Force Majeure Event affects the ability of Seller to make available the Contract Capacity of the Plant, Buyer shall continue to make: (a) any Availability Event Energy Payments; and (b) Energy Payments in respect of any Net Electrical Output delivered to Buyer. 21.3.3 If a Force Majeure Event does not affect the ability of Seller to make available Contract Capacity, but affects the ability of Buyer to accept Net Electrical Output at the Delivery Point, Buyer shall continue to make: (a) any Availability Event Energy Payments; and (b) Energy Payments in respect of any Net Electrical Output delivered to Buyer. 21.3.4 If a Foreign Political Force Majeure Event or Natural Force Majeure Event affects the ability of Seller to make available the Contract Capacity, Buyer shall continue to make: (a) Energy Payments in respect of any Net Electrical Output delivered to Buyer during the Force Majeure Event.
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Related to Payment During Force Majeure Event

  • Force Majeure Event 16.1 If a Force Majeure Event gives rise to a failure or delay in either party performing any obligation under this Agreement (other than any obligation to make a payment), that obligation will be suspended for the duration of the Force Majeure Event. 16.2 A party that becomes aware of a Force Majeure Event which gives rise to, or which is likely to give rise to, any failure or delay in that party performing any obligation under this Agreement, must: (a) promptly notify the other; and (b) inform the other of the period for which it is estimated that such failure or delay will continue. 16.3 A party whose performance of its obligations under this Agreement is affected by a Force Majeure Event must take reasonable steps to mitigate the effects of the Force Majeure Event.

  • Termination Due to Force Majeure Event If the period of Force Majeure continues or is in the reasonable judgment of the Parties likely to continue beyond a period of 120 (one hundred and twenty) Days, the Parties may mutually decide to terminate this Agreement or continue this Agreement on mutually agreed revised terms. If the Parties are unable to reach an agreement in this regard, the Affected Party shall after the expiry of the said period of 120 (one hundred and twenty ) Days be entitled to terminate the Agreement in which event, the provisions of Articles 16 and 17 shall, to the extent expressly made applicable, apply.

  • Termination Notice for Force Majeure Event 21.7.1 If a Force Majeure Event subsists for a period of 60 (sixty) days or more within a continuous period of 120 (one hundred and twenty) days, either Party may in its discretion terminate this Agreement by issuing a Termination Notice to the other Party without being liable in any manner whatsoever, save as provided in this Article 21, and upon issue of such Termination Notice, this Agreement shall, notwithstanding anything to the contrary contained herein, stand terminated forthwith; provided that before issuing such Termination Notice, the Party intending to issue the Termination Notice shall inform the other Party of such intention and grant 15 (fifteen) days time to make a representation, and may after the expiry of such 15 (fifteen) days period, whether or not it is in receipt of such representation, in its sole discretion issue the Termination Notice.

  • Termination Payment for Force Majeure Event 30.9.1 If Termination is on account of a Non-Political Event, the Authority shall make a Termination Payment to the Concessionaire in an amount equal to 55% (fifty five per cent) of the Debt Due less Insurance Cover. 30.9.2 If Termination is on account of an Indirect Political Event, the Authority shall make a Termination Payment to the Concessionaire in an amount equal to: (a) 55% of the Debt Due less Insurance Cover; provided that if any insurance claims forming part of the Insurance Cover are not admitted and paid, then 80% (eighty per cent) of such unpaid claims shall be included in the computation of Debt Due; (b) 60.5% (sixty point five per cent) of the Adjusted Equity; and 30.9.3 If Termination is on account of a Political Event, the Authority shall make a Termination Payment to the Concessionaire in an amount that would be payable under Clause 33.3.2 as if it were Authority’s Default.

  • Force Majeure If by reason of Force Majeure, either party hereto shall be rendered unable wholly or in part to carry out its obligations under this Agreement through no fault of its own then such party shall give notice and full particulars of Force Majeure in writing to the other party within a reasonable time after occurrence of the event or cause relied upon. Upon delivering such notice, the obligation of the affected party, so far as it is affected by such Force Majeure as described, shall be suspended during the continuance of the inability then claimed but for no longer period, and such party shall endeavor to remove or overcome such inability with all reasonable dispatch. In the event that Vendor’s obligations are suspended by reason of Force Majeure, all TIPS Sales accepted prior to the Force Majeure event shall be the legal responsibility of Vendor and the terms of the TIPS Sale Supplemental Agreement shall control Vendor’s failure to fulfill for a Force Majeure event.