Search results
Force Majeure. If by reason of Force Majeure, either party hereto shall be rendered unable wholly or in part to carry out its obligations under this Agreement then such party shall give notice and ful...
FORCE MAJEURE CLAUSE. Contractor shall be excused from performance hereunder during the time and to the extent that it is prevented from obtaining delivery, or performing by act of God, fire, strike, ...
Source. 8. Force Majeure. “ Force majeure ” means any unforeseeable circumstance which is beyond the control of a Party, or any unavoidable event, even if foreseeable, as a result of which such Party is unable to perform its obligations, in whole or in part, under this Agreement.
Force majeure clauses allow a party to leave a contract temporarily or permanently, in whole or in part, for catastrophes that were not foreseeable. These catastrophes must cause severe disruption to fulfill a contractual obligation.
Event of Force Majeure. The Recipient will not be in default by reason only of any failure in the performance of the Project in accordance with Schedule 1 – Statement of Work if such failure arises without the fault or negligence of the Recipient and is caused by any event of Force Majeure.
Search Force Majeure contract clauses from contracts filed with the Securities and Exchange Commission.
FORCE MAJEURE CLAUSES CHECKLIST AND SAMPLE WORDING. What is force majeure? Certain events, beyond the control of the parties, may inhibit the parties from fulfilling their duties and obligations under the project agreements.
Jan 15, 2015 · Force majeure defined and explained with examples. Force majeure: an unexpected, disruptive event that may excuse a party from performing duties under a contract.
Jun 10, 2024 · Force majeure is a clause included in contracts to remove liability for unforeseeable and unavoidable catastrophes that prevent participants from fulfilling obligations.
Force majeure clauses may require either (i) a minimum amount of notice ahead of an event contemplated by the contract, or (ii) notice within a certain number of days of the triggering event.
