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Template:GTMA Master Agreement 2004 9: Difference between revisions
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Template:GTMA Master Agreement 2004 9 (view source)
Revision as of 21:56, 15 September 2016
, 15 September 2016Text replace - " "" to " “"
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{{gtmaprov|9}} '''{{gtmaprov|Force Majeure}}'''<br> | {{gtmaprov|9}} '''{{gtmaprov|Force Majeure}}'''<br> | ||
If, in respect of a {{gtmaprov|Settlement Period}}, a {{gtmaprov|Party}} (the | If, in respect of a {{gtmaprov|Settlement Period}}, a {{gtmaprov|Party}} (the “{{gtmaprov|Force Majeure Party}}") is prevented from carrying out any one or more of its obligations in accordance with clause {{gtmaprov|5}} by reason of {{gtmaprov|Force Majeure}}, then the {{gtmaprov|Force Majeure Party}} shall:<br> | ||
:{{gtmaprov|9.1}} be relieved of its obligations under clause 5 to the extent that it is prevented by {{gtmaprov|Force Majeure}} from complying with them; and<br> | :{{gtmaprov|9.1}} be relieved of its obligations under clause 5 to the extent that it is prevented by {{gtmaprov|Force Majeure}} from complying with them; and<br> | ||
:{{gtmaprov|9.2}} not have to pay amounts under clause 6 to the extent of that failure to perform,<br> | :{{gtmaprov|9.2}} not have to pay amounts under clause 6 to the extent of that failure to perform,<br> | ||