Force majeure and business continuity clause

Published by a ÀÏ˾»úÎçÒ¹¸£Àû Commercial expert
Precedents

Force majeure and business continuity clause

Published by a ÀÏ˾»úÎçÒ¹¸£Àû Commercial expert

Precedents
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Definitions

Business Continuity Event

  1. •

    means an event (whether a natural or man-made phenomenon or occurrence), which interrupts the normal business activities, including business functions, operations, or processes of the Customer, (whether anticipated or unanticipated), and which prevents or delays a party from performing its obligations to third parties or receiving the full benefit of the provision of the services in accordance with the provisions of this Agreement;

[Force Majeure

  1. •

    means an event or sequence of events beyond a party’s reasonable control preventing or delaying it from performing its obligations under this Agreement. [Insert circumstance not constituting force majeure eg a Business Continuity Event, inability to pay] is not Force Majeure.

OR

Force Majeure

  1. •

    means any event or sequence of events beyond a party’s reasonable control[ and in the case of the Supplier that could not have been reasonably anticipated (such as an event which is anticipated in the Business Continuity Plan) or avoided] and which prevents it from, or delays it in, performing its obligations under this Agreement including, but not limited to, (a) an act of God,

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Jurisdiction(s):
United Kingdom
Key definition:
Force majeure definition
What does Force majeure mean?

An unexpected and exceptional event that allows one party to terminate the contract without being liable for damages.

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