【答案】:Force majeure also called Act of God, is an event that can be neither anticipated nor controlled, it can be resulted from natural reasons and social reasons, such as flood, earthquake, war, strike and so on. 已赞过 你对这个回答的评价是? 评论 收起 为你推荐:下载百度知道APP,抢...
I really think that there should be an international standard for force majeure. It would really simplify things! As it stands now, I can see how someone might get confused about what is or is not force majeure. Most contracts aren't exactly written in normal language and a lot of people...
Most offtake agreements includeforce majeure clauses. A force majeure clause removes liability from one or both parties in a contract if there is a serious, unforeseeable external event that prevents both parties from living up to their contractual obligations. These clauses may also be enforced i...
What Is a Force Majeure Clause and Is It the Same as a Co-Tenancy Clause? A co-tenancy clause is similar to a force majeure clause in that a force majeure clause also insures against loss due to a circumstance that's outside a retailer's control. But a co-tenancy clause is tied sp...
Force Majeure: What is it and How Does it Relate to Business Continuity?Rupert, JacqueRupert, J. (2011). Force Majeure: What is it and How Does it Relate to Business Continuity? Avaluation's Perspectives on Business Continuity and IT Disaster Recovery....
Contracts often contain standard or boilerplate clauses, such as force majeure, choice of law, and severability. These clauses can have a significant impact on the contract’s interpretation and enforcement. Statute of Limitations Each jurisdiction has a statute of limitations that limits the time ...
“Force Majeure Event” means any occurrence, nonoccurrence or set of circumstances that prevents a Party, in whole or in part, from performing any of its obligations or satisfying any conditions under this Agreement and that is beyond the reasonable control of such Party and is not caused by...
This section is sometimes referred to as a force majeure clause, which aims to excuse the service provider from events beyond its reasonable control. Service-level agreement penalties SLA penalties are disciplinary measures that exist to ensure the terms of the contract are maintained. These ...
If events are cancelled, ticket holders automatically get a refund, and if they are postponed, spectators are invited to attend the alternative date. But if this weekend's disruption constitutes a "force majeure", which the Games defines as an "event beyond the control of the affected party ...
Needless to say, this kind of crisis is not good for either party, and thorough contracts can help ensure a smooth resolution. In some ways similar to a prenup agreement among newlyweds, a force majeure clause can lay the groundwork for a mutually-agreeable plan designed to mitigate a diffic...