Standard Force Majeure Clause Samples
A Standard Force Majeure clause defines the circumstances under which a party is excused from fulfilling contractual obligations due to events beyond their reasonable control. Typically, this clause covers situations such as natural disasters, war, strikes, or government actions that make performance impossible or impracticable. By specifying these exceptions, the clause protects parties from liability when unforeseen events disrupt normal operations, ensuring fairness and allocating risk in extraordinary situations.
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Standard Force Majeure. In addition to specific provisions of this Agreement, performance by either party hereunder will not be deemed to be in default where delays or defaults are due to war; insurrection; strikes; lock-outs; riots; floods; earthquakes; fires; casualties; acts of God, or other deities; acts of terrorism or the public enemy; epidemics; quarantine restrictions; freight embargoes; governmental restrictions or priority; litigation (including suits filed by third parties concerning or arising out of this Agreement); acts of the other party; acts or failure to act of any public or governmental agency or entity (other than the acts or failure to act of the Commission); or any other causes (other than Developers' inability to obtain financing for the Development Improvements) beyond the control or without the fault of the party claiming an extension of time to perform. Times of performance under this Agreement may also be extended in writing by the Commission and a Developer. Subject to Section 4.3 above and Sections 6.6 and 6.8 below, in no event will the cumulative delays exceed one hundred eighty (180) days, unless otherwise agreed to by the Parties in writing; provided, however times of performance under this Agreement shall automatically be extended during the pendency of any action or lawsuit challenging any entitlements, actions or approvals (including but not limited to actions related to the condition of title to the Roseland Development Site) associated with the Project.