Sentences with phrase «force majeure event»

If so, what, if any mechanism would be needed to handle force majeure events that threatened reliability?

Downtime excludes Force Majeure events, and downtime that result from failures of individual instances, other than the entire region being down.

ICC arbitration relating to a claim following on from an alleged force majeure event affecting a West African rig.

Represented the respondent in a dispute arising from an oil sales contract following a force majeure event in a West African rig.

Advised a major coal marketing company on a force majeure event impacting over a hundred individual sales and contracts.

Here are a few things to think about when drafting your force majeure clause, as well as when a force majeure event strikes:

This dispute required us to address whether or not the contracts had been frustrated and / or whether a force majeure event had occurred.

«Force Majeure Event» means an event which is beyond the applicable party's reasonable control, and that interferes with, delays or prevents performance of the obligations of such party, provided that the non-performing party is without fault in causing or failing to prevent such occurrence, and such occurrence can not be circumvented through the use of reasonable alternative sources, workaround plans or other similar means

You may lose more than is in your various wallets on the Site if you engage in financing on the Site or if there is a force majeure event.