Supervening Circumstances. Neither the Participant nor the RHIO shall be deemed in violation of any provision of this Participation Agreement if it is prevented from performing any of its obligations by reason of: (a) severe weather and storms; (b) earthquakes or other natural occurrences; (c) strikes or other labor unrest; (d) power failures; (e) nuclear or other civil or military emergencies; (f) acts of legislative, judicial, executive, or administrative authorities; or (g) any other circumstances that are not within its reasonable control other than a lack of financial resources. This Section 16.3 shall not apply to obligations imposed under applicable laws and regulations.
Appears in 2 contracts
Supervening Circumstances. Neither the Participant nor the RHIO shall be deemed in violation of any provision of this a Participation Agreement if it is prevented from performing any of its obligations by reason of: (a) severe weather and storms; (b) earthquakes or other natural occurrences; (c) strikes or other labor unrest; (d) power failures; (ee ) nuclear or other civil or military emergencies; (f) acts of legislative, judicial, executive, or administrative authorities; or (g) any other circumstances that are not within its reasonable control other than a lack of financial resourcescontrol. This Section 16.3 18.4 shall not apply to obligations imposed under applicable laws and regulationsregulations or obligations to pay money.
Appears in 1 contract