Template:GTMA Master Agreement 2004 9: Difference between revisions

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(Created page with "{{gtmaprov|9}} '''{{gtmaprov|Force Majeure}}'''<br> If, in respect of a {{gtmaprov|Settlement Period}}, a {{gtmaprov|Party}} (the "{{gtmaprov|Force Majeure Party}}") is preven...")
 
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:{{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>
provided that:<br>
:provided that:<br>
:{{gtmaprov|9.3}} the {{gtmaprov|Force Majeure Party}} advises the other {{gtmaprov|Party}} in writing as soon as reasonably practicable of:<br>
:{{gtmaprov|9.3}} the {{gtmaprov|Force Majeure Party}} advises the other {{gtmaprov|Party}} in writing as soon as reasonably practicable of:<br>
:{{gtmaprov|9.3.1}} the event or circumstance constituting {{gtmaprov|Force Majeure}};<br>
::{{gtmaprov|9.3.1}} the event or circumstance constituting {{gtmaprov|Force Majeure}};<br>
:{{gtmaprov|9.3.2}} its estimate of the likely effect of that {{gtmaprov|Force Majeure}} on its ability to perform its obligations under clause 5; and<br>
::{{gtmaprov|9.3.2}} its estimate of the likely effect of that {{gtmaprov|Force Majeure}} on its ability to perform its obligations under clause 5; and<br>
:{{gtmaprov|9.3.3}} its estimate of the likely period of that {{gtmaprov|Force Majeure}}; and<br>
::{{gtmaprov|9.3.3}} its estimate of the likely period of that {{gtmaprov|Force Majeure}}; and<br>
:{{gtmaprov|9.4}} the {{gtmaprov|Force Majeure Party}} uses all reasonable endeavours to terminate or overcome the event or circumstance constituting {{gtmaprov|Force Majeure}} and resumes full performance of its obligations as soon as reasonably practicable.<br>
:{{gtmaprov|9.4}} the {{gtmaprov|Force Majeure Party}} uses all reasonable endeavours to terminate or overcome the event or circumstance constituting {{gtmaprov|Force Majeure}} and resumes full performance of its obligations as soon as reasonably practicable.<br>

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