Force majeure - Wikipedia
WEBIt refers to an event, either external or internal, that happens to a vessel or aircraft that allows it to enter normally restricted areas without penalty. An example would be the Hainan Island incident where a U.S. Navy aircraft landed at a Chinese military airbase after a collision with a Chinese fighter in April 2001.
What Is a Force Majeure Contract Clause? - Investopedia
WEBJun 10, 2024 · Force majeure is a clause included in contracts to remove liability for unforeseeable and unavoidable catastrophes interrupting the expected timeline and preventing participants from fulfilling...
Force Majeure - Definition, Examples, Clauses, Contract Negotiation
WEBJan 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 Definition & Meaning - Merriam-Webster
WEBForce majeure translates literally from French as superior force. In English, the term is often used in line with its literal French meaning, but it has other uses as well, including one that has roots in a principle of French law.
Force Majeure Clause: Meaning & Samples (2022) - Contract …
WEBForce 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.
What is force majeure? Overview and resources for lawyers
WEBSep 17, 2024 · A force-majeure clause is contractual provision allocating the risk of loss if performance becomes impossible or impracticable, esp. as a result of an event or effect that the parties could not have anticipated or controlled. This concept in contract law allows the party to escape their duties when something beyond their control happens, such ...
force majeure | Wex | US Law | LII / Legal Information Institute
WEBForce majeure is a provision in a contract that frees both parties from obligation if an extraordinary event directly prevents one or both parties from performing.
Force majeure | Definition, Act of God, Examples, & Facts
WEB6 days ago · force majeure, in commercial and international law, an extraordinary and unforeseen event whose occurrence would free the parties in an agreement from certain obligations to one another. Force majeure incidents typically include wars, natural disasters (e.g., earthquakes), terrorist attacks, epidemics, and civil unrest, such as riots.
force majeure Definition, Meaning & Usage - Justia
WEBThe term describes a power or force that surpasses or can't be overcome. It refers to an unexpected or uncontrollable occurrence such as war, labor strikes, or severe weather that couldn't be predicted or controlled. How to use "force majeure" in a sentence.
Using Force Majeure in a Contract - LawDepot.com
WEBMar 22, 2024 · Force majeure clauses serve as a shield against unforeseen events and are especially vital in industries vulnerable to disruptions. These clauses shape parties’ obligations in a contract, either by suspending performance or extending deadlines, and require proactive measures to mitigate risks.