Common use of Unexpected Events Clause in Contracts

Unexpected Events. 29.1 ‘Unexpected Event’ affecting a party means anything outside that party’s reasonable control, including but not limited to, acts or omissions of another party, fire, storm, flood, earthquake, war, transportation embargo, industry-wide strike or failure or delay in transportation, act or omission or delay of any third person (including but not limited to governments or government agencies). 29.2 If an Unexpected Event affecting a party precludes that party (‘Precluded Party’) partially or wholly from complying with its obligations under this Agreement then: (1) as soon as reasonably practicable after that Unexpected Event arises, the Precluded Party must notify the other party of the Unexpected Event; and (2) to the extent and for the period that the Precluded Party is precluded by the Unexpected Event from complying with its obligations under this Agreement, those obligations will be suspended. 29.3 Any Party may terminate this Agreement if an Unexpected Event continues for more than 3 months.