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What is a force majeure clause?
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Force majeure refers to unforeseeable, unavoidable and insurmountable objective circumstances when the Agreement is entered into.
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.
Force Majeure Clause Examples. Examples of situations that may require force majeure clauses include: Example 1: Planning an event or concert; Example 2: Catering a wedding reception; Example 3: Private photography sessions; Example 4: Professional and private partnerships; Example 5: Insurance policies; Force Majeure Clause Samples
Search Force Majeure contract clauses from contracts filed with the Securities and Exchange Commission.
Some common examples of force majeure events include natural disasters like hurricanes, earthquakes, or floods, as well as pandemics, terrorist attacks, and government actions like trade embargoes or travel bans.
Any Party claiming a Force Majeure event shall use reasonable diligence to remove the condition that prevents performance and shall not be entitled to suspend performance of its obligations in any greater scope or for any longer duration than is required by the Force Majeure event.
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, ...
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