Page 64 - MEOMA Handbook

FORCE
MAJEURE

ARBITRATION

11.
13.
(b)
12(a)
be
be
by
be
60
As
This
Any
have
pass
price
price
apply
being
either
equal
"force
either
behalf
Either
during
a
solvent
a
Should
strikes,
void.
in
Laws
for
to
statutory
Malaysia
of
and
revolution
then
entitled
arbitration.
the
of
Sellers:
an
party
party
party
the
in
construction,
calendar
dispute
the
or
to
contract
ascertained
such
default
be
majeure"
Receiver
resolution
company
any
must
current
collection/delivery
shall
out
by
lock-outs,
official
days
claim
contract
shall
the
to
and
duration
validity
for
Malaysia.
of
for
modification
not
or
of
civil
go
be
the
accordance
advise
the
after
this
collection/delivery
and
be
Government
produce
time
closing-out
period
executive
the
dissatisfied
similar
appointed,
shall
into
the
of
of
As
is
thereof
the
or
with
repurchase
be
moratorium,
be
61
he
proof
price
or
for
contract
with
deemed
the
other
to
purpose
contract
goods
possible
date
disabling
the
have
Buyers:
shall
to
liable
of
shall
or,
the
to
Malaysia
commotions,
shall
performance
a
of
liquidation
delayed
resale
party
to
legislative
at
justify
be
within
time
be
impossible,
be
and
the
by
have
the
price,
riots,
act
and
the
the
Arbitration
their
or
thereof
with
petition
collection/delivery
without
being
(except
forthwith
the
war,
the
account
deemed
any
done
Act,
been
option
the
referred
for
claim
circumstances,
be
shall
reconstruction
floods,
to
for
or
amount
of
a
shall
expiration
for
undue
for
extended
As
be
in force.
be
or
but
1952
cause
the
matter
be
made
presented
of
reason
difference
hostilities
under
closed,
not
which
and
delay
in
for
shall
to
period,
the
other
curfews,
or
if
restriction
voluntary
the
this
Brokers:
governed
shall
(Revised
be
either
arbitration
this
cancellation
extended
between
party,
in
therefore.
winding
at
comprehend
be
in
other
exceed
or
Malaysia
at
amalgamation)
for
terrorist
If
all
a
the
winding
in
imposed
contract.
the
a
up
contract.
-1972)
a
blockades,
referred
or
party
by
or
contract
up
the
and
or
treated
or
price
of
to
period
shall
collection/delivery
as
should
to
contract
a
shall
extension.
shall
market
fires,
respects
a
actions,
the
period
term
on
Peninsular
of
Should
required,
shall
any
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