Force majeure
Force majeure — the term "force majeure" means any unforeseen and exceptional situation or event beyond the control of the Parties, which prevent either Party from performing its obligations, are not related to the fault or negligence of the Parties (or their contractors, agents, or employees), and are unavoidable regardless of all efforts undertaken. Defects in equipment and materials or delays in their installation, labor disputes, strikes, or financial difficulties cannot be considered force majeure. A Party cannot be held liable for non-performance of its obligations if such performance has been prevented by force majeure. The Party experiencing force majeure shall immediately inform the other Party of the nature of the circumstances, approximate duration, and anticipated impact, and take all measures to minimize any possible damage1.
Force majeure means any unforeseen situation or event beyond the control of the Parties, which prevent either Party from performing its obligations, are not related to the fault or negligence of the Parties (or their subcontractors, agents, or employees), and are unavoidable regardless of the efforts made. Defects in equipment and materials or delays in their installation, labor disputes, strikes, or financial difficulties cannot be considered force majeure. A Party experiencing force majeure immediately notifies the other Parties of this circumstance, describing the nature of the circumstances, approximate duration, and anticipated impact, and takes all measures to minimize possible damage2.
Agreement between the Government of the Russian Federation and the European Community on the financing and implementation of the cross-border cooperation programme "Estonia - Latvia - Russia", as amended on 2011-06-27, art. 12. ↩
Agreement on the financing and implementation of the cross-border cooperation programme "Karelia" for the period 2014 - 2020, as amended on 2018-11-12, art. 11. ↩
Выберите реакцию, оцените материал и расскажите, что можно улучшить.