7.1. The Parties shall be exempted from liability for non-fulfilment or improper fulfilment of their obligations hereunder if proper fulfilment was impossible due to force-majeure circumstances, i.e. emergency and inevitable situations which could not be reasonably expected while entering into the agreement or avoided or overcome as well as being beyond the control of the Parties. Such circumstances shall in particular include: natural disasters (earthquake, flood, hurricane), fire, mass diseases (epidemics), strikes, military actions, terroristic acts, sabotages, limitation of transportation, governmental bans, trade bans, including with particular countries, due to international sanctions and other circumstances beyond the control of the Parties.
7.2. The Parties shall be obliged to timely inform each other on occurrence of such force-majeure circumstances and shall confirm their occurrence by the respective document issued by a relevant authority.
7.3. The occurrence of force-majeure circumstances shall prolong the timelines for fulfilment of obligations of a Party to the period such force-majeure circumstances last and a reasonable period to fulfil such obligations. Should a Party fail to observe the requirements specified by the paragraph 7.2 hereof, it shall be deprived of its right to refer to force-majeure circumstances as a ground for its exemption from liability for the violation of its obligations hereunder.