More Definitions ofMajeure Event Majeure Eventhas the meaning given to it inclause 14. Goods:the goods(or any part of them)set outin the Order. Sample 1Sample 2 Majeure Eventmeans an unforeseeable event beyond the reasonablecontrol ofa party,including without limitation:act of God; fire; flood...
Project Force Majeure Event has the meaning given in clause 19.1 (“Definition of Project Force Majeure Event”). Sample 1Sample 2Sample 3AI Clause Wizard Based on 15 documents SaveCopy Project Force Majeure Event is an event or circumstance, or combination of events or circumstances, occurring ...
The meaning of FORCE MAJEURE CLAUSE is a clause in an agreement that excuses performance in the event that a force majeure makes the performance impracticable or impossible.
(such as war, labor stoppages, or extreme weather) that are not the fault of any party and that make it difficult or impossible to carry out normal business. A company may insert a force majeure clause into a contract to absolve itself from liability in the event it cannot fulfill the ...
A French phrase meaning greater force, used to mean an irresistible force or an event that cannot be controlled. Dictionary of Unfamiliar Words by Diagram Group Copyright © 2008 by Diagram Visual Information Limited ThesaurusAntonymsRelated WordsSynonymsLegend: ...
[uncountable]unexpected events, for example wars,strikes, and things such asfloodsorearthquakes, that prevent people from doing what they officiallypromisedor agreed to do. An event like this can legally allow an agreement or contract to be ended or changedI want a force majeure clause added to...
Force majeure definition: an unexpected and disruptive event that may operate to excuse a party from a contract.. See examples of FORCE MAJEURE used in a sentence.
Somethingoutsidethecontrolofpartiesto acontractandwhichcouldnothavebeenforeseenorplannedfor.Usuallyfoundinconstructioncontracts,suspendingthetimelimitsintheeventof aforcemajeure.ItcanincludeActsofGod,suchastornadoesandhurricanes,oractsofhumans,suchas astrike,terroristattack,orothersuchdisruptiveevent. ...
The term force majeure relates to the law of insurance and is frequently used in construction contracts to protect the parties in the event that a segment of the contract cannot be performed due to causes that are outside the control of the parties, such as natural disasters, that could not...
Relevant Event: Force majeure is a Relevant Event in the JCT 2016 contracts; giving rise to a potential extension of time. It is important to note that ‘force majeure’ is not a defined term in the JCT and there is no reported case law on the meaning of force majeure under...