Termination Due to Event of Force Majeure Clause Samples

Termination Due to Event of Force Majeure. When any Work contracted for is halted by reason of an Event of Force Majeure, Company may terminate the given contract immediately upon Notice. In such case, Company shall owe Contractor only the compensation earned to time of Notice plus any demobilization fee provided for in such contract.
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Termination Due to Event of Force Majeure. If either (i) a material suspension of performance by the General Contractor or the Owner as a result of a Force Majeure Event exceeds sixty (60) days, or (ii) the total number of days in which a material suspension of performance by either such party as a result of all Force Majeure Events in the aggregate exceeds sixty (60) days, the party whose performance is unaffected by the Force Majeure Event may terminate this Agreement, provided it gives the other party written notice of its intent to terminate not less than thirty (30) days prior to the end of the applicable period and the other Party fails to resume performance before the period expires; provided, however, that the General Contractor's right to terminate under this Section 15.5 shall be subject to the limitations set forth in Section 11.4 hereof. Upon such termination, the General Contractor shall be compensated for all Work satisfactorily performed through the date of termination, plus its reasonable costs associated with the Force Majeure Event suspension. In the event of termination by either party pursuant to this Section 15.5, the Owner may elect to assume any or all of the obligations, commitments and unsettled claims that the General Contractor has previously undertaken or incurred in good faith in connection with performance of the General Contractor's obligations hereunder. The General Contractor shall, to the extent reasonably possible, as a condition to receiving termination payments referred to in this Section, execute and deliver such papers and take all such steps, including the legal assignment of its contractual rights, as the Owner may require for the purpose of fully vesting in the Owner the rights and benefits of the General Contractor under such obligations, commitments or claims.
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Termination Due to Event of Force Majeure. In the event that there is a failure to provide a material portion of the Services due to a Force Majeure Event from any source for a period of thirty (30) days out of any forty-five (45) day period, Ascension Health may terminate the affected portion of the applicable Affiliate Schedule, to the extent severable, upon thirty (30) days written notice.
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Termination Due to Event of Force Majeure. Transition. If, as a result of the conditions referred to in Section 14.1, a Party is unable to fully perform its obligations for a period of [***], the other Party shall have the right to terminate this Agreement upon [***] prior notice to the non-performing Party.
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Related to Termination Due to Event of Force Majeure

  • Termination due to Force Majeure 13.5.1 If the Force Majeure Event or its effects continue to be present beyond the period as specified in Article 4.5.3, either Party shall have the right to cause termination of the Agreement. In such an event, this Agreement shall terminate on the date of such Termination Notice.

  • 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.

  • Event of Force Majeure The Recipient will not be in default by reason only of any failure in the performance of the Project in accordance with Schedule 1 – Statement of Work if such failure arises without the fault or negligence of the Recipient and is caused by any event of Force Majeure.

  • Events of Force Majeure Neither Party shall be held liable or responsible to the other Party nor be deemed to be in default under, or in breach of any provision of, this Agreement for failure or delay in fulfilling or performing any obligation of this Agreement when such failure or delay is due to force majeure, and without the fault or negligence of the Party so failing or delaying. For purposes of this Agreement, force majeure is defined as causes beyond the control of the Party, including, without limitation, acts of God; acts, regulations, or laws of any government; war; civil commotion; destruction of production facilities or materials by fire, flood, earthquake, explosion or storm; labor disturbances; epidemic; and failure of public utilities or common carriers. In such event Medistem or Licensee, as the case may be, shall immediately notify the other Party of such inability and of the period for which such inability is expected to continue. The Party giving such notice shall thereupon be excused from such of its obligations under this Agreement as it is thereby disabled from performing for so long as it is so disabled and the 30 days thereafter. To the extent possible, each Party shall use reasonable efforts to minimize the duration of any force majeure.

  • Notification of Force Majeure Event 11.5.1 The Affected Party shall give notice to the other Party of any event of Force Majeure as soon as reasonably practicable, but not later than seven (7) days after the date on which such Party knew or should reasonably have known of the commencement of the event of Force Majeure. If an event of Force Majeure results in a breakdown of communications rendering it unreasonable to give notice within the applicable time limit specified herein, then the Party claiming Force Majeure shall give such notice as soon as reasonably practicable after reinstatement of communications, but not later than one (1) day after such reinstatement. Provided that, such notice shall be a pre-condition to the Affected Party’s entitlement to claim relief under this Agreement. Such notice shall include full particulars of the event of Force Majeure, its effects on the Party claiming relief and the remedial measures proposed. The Affected Party shall give the other Party regular reports on the progress of those remedial measures and such other information as the other Party may reasonably request about the Force Majeure. 11.5.2 The Affected Party shall give notice to the other Party of (i) the cessation of the relevant event of Force Majeure; and (ii) the cessation of the effects of such event of Force Majeure on the performance of its rights or obligations/ roles under this Agreement, as soon as practicable after becoming aware of each of these cessations.