Common use of Frustration Clause in Contracts

Frustration. i. The Contract will be liable to frustration where an event takes place outside either party’s control which makes the Contract either impossible to perform or substantially different from what was envisaged. An example of this would be (but would not be exclusive to) the illness or death of a keynote speaker. In the event of the Contract becoming frustrated both parties will be excused from their obligations under the Contract save for the payment of the deposit which will be retained by the College to cover administration costs up to that point.

Frustration. i. i) The Contract will be liable to frustration where an event takes place outside either party’s control which makes the Contract either impossible to perform or substantially different from what was envisaged. An example of this would be (but would not be exclusive to) the illness or death of a keynote speaker. In the event of the Contract becoming frustrated both parties will be excused from their obligations under the Contract save for the payment of the deposit which will be retained by the College to cover administration costs up to that point.