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ARTICLE - XVI FORCE MAJEURE |
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16.1 |
if the performance by either party to this Shareholders Agreement or of any obligation hereunder is prevented by reason of force majeure such as ; |
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(i) |
war, revolution blockade or embargo or the like. |
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(ii) |
any law, order, proclamation, regulation, ordinance, demand or requirement having legal effect of any government or |
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(iii) |
any other event beyond the reasonable control of the party affected. |
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Then the party so affected shall upon giving prior written notice to the other be excused from such performance to the extent that such cause prevents, restricts or interferes with it PROVIDED THAT it shall use its best endeavor to avoid a remove such cause of non-performance and shall continue performance hereunder with the utmost dispatch whenever such causes registration removed. |
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16.2 |
Upon such prevention, restriction or interference as aforesaid arising, the parties shall meet forthwith to discuss what modifications (if any) may be required to the terms of this Shareholders Agreement in order to arrive at an equitable solution |
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