Law library · Sierra Leone · Oil Agreement (1979)(Ratification) Act, 1982
Section 16, Oil Agreement (1979)(Ratification) Act, 1982
Status not yet checkedOil Agreement (1979)(Ratification) Act, 1982, Sierra Leone
(i)Wherc the Companies fail or omit to fulfil an obligation or delaythe fulfilment thereof because of Force Majeure, such failure,
omission or delay shall not be treated as a failure to comply with
the provisions of this Agrecment, provided it is proved to be the
necessary consequence of such Force Majeure.
(i) Force Majeure means any event beyond the Companies' reasonable
contro , such as but not limited to, war, insurrection, civil commo
tion, strike, storm, tidal wave, flocod, epidemic, explosion, fire,
lightning or earthquake.
18 No. Exploralion, Minling and rocessing Mineral 1982
(i)lf as a result of a Force Majcure the performance of any obliga
tion or the exercise of any right of the Companies is delayed, theperiod of such delay shall be added to any rolevant periods 'aid
down in this Agreement.
(iv) If the Duration of Force Majeure preventing the perfcrmance of
an obligation or the exercise of a right is onc ycar or more, this
Agreement shall be automatically cxtended for a period cqual
to such duration without prejudice to the provisions of this Agree
ment concerning further extensions.
Read the whole lawDownload PDFAsk Tima what this means
Check the current official version before relying on this text. MiLAWYER shares legal information, not legal advice.