9.1. Neither the Buyer nor the Seller (hereinafter
referred to as the “Parties”) is responsible for non-performance or improper
performance of obligations under the Contract if such non-performance or
improper performance is caused by force majeure circumstances beyond the
control of the respective Party. Force majeure circumstances under this
Contract include riots, wars, natural disasters, and other extraordinary
circumstances beyond the control of the Parties, which could not reasonably
have been foreseen at the time of the Contract’s conclusion. Each Party
undertakes to notify the other Party immediately upon the occurrence of such
circumstances and provide relevant information. The Parties must make all
reasonable efforts to minimize the negative consequences of force majeure
circumstances.
9.2. Force majeure refers to events with inevitable,
unforeseen, and uncontrollable consequences against which the affected Party
could not take reasonable precautions and which could not have been prevented
even with maximum effort. Such circumstances include but are not limited to:
9.2.1. actions of government authorities or armed forces, changes in
legislation, embargoes, riots, wars, military actions (declared or not),
threats, acts of aggression, military occupation, civil war, strikes, sabotage,
lockouts or mass riots (if not solely related to employees of the affected
Party),
9.2.2. natural disasters such as earthquakes,
hurricanes, floods, prolonged frost, pandemics, or epidemics, as well as fires,
explosions, or other circumstances preventing the Party from fulfilling its
obligations.
9.3. If the circumstances of force majeure last for
more than 3 (three) months, either Party may terminate the Agreement by
notifying the other Party in writing.