Puerto Rico Cláusula estándar de fuerza mayor - Standard Force Majeure Clause

• Category: Propietario Inquilino - Arrendamientos comerciales - Alaska
• State: Multi-State
• Control #: US-OL1102A2A
• Format: Word

Description

Negociación y Redacción de Arrendamientos de Oficinas Puerto Rico Standard Force Mature Clause is a contractual provision often included in agreements within the legal jurisdiction of Puerto Rico. This clause provides protection to parties by defining and addressing unforeseen and uncontrollable circumstances that may hinder or prevent the fulfillment of contractual obligations. By including this clause, parties can allocate the risks associated with such events and determine the appropriate course of action to be taken in case of their occurrence. Keywords: Puerto Rico, Standard Force Mature Clause, contractual provision, unforeseen circumstances, uncontrollable circumstances, fulfillment of contractual obligations, risks, course of action There may be various types or variations of Puerto Rico Standard Force Mature Clauses that parties can consider while drafting their agreements. Some specific types include: 1. Natural Disaster Clause: This variation of the clause covers events such as hurricanes, earthquakes, floods, or other similar calamities that are considered as "acts of God" and are beyond human control. Parties may negotiate the specific terms and conditions related to such events. Example: In the event that a hurricane strikes Puerto Rico, causing disruptions in transportation and communication systems for an extended period, both parties agree that the contractual obligations will be temporarily suspended until the situation normalizes. 2. Government Action Clause: This type of clause pertains to instances where a government authority takes actions that directly impact the ability to perform contractual obligations. This may include legislation changes, regulatory actions, or orders from government agencies. Example: If a government-imposed lockdown is enforced, preventing the operation of non-essential businesses due to a health emergency, both parties agree that the obligations under this agreement will be suspended until the government lifts the restrictions. 3. Labor Disruption Clause: This variation addresses situations where labor strikes, lockouts, or other labor disputes hinder or prevent the fulfillment of contractual obligations. It provides a mechanism for parties to handle such situations and potentially extend deadlines or find alternative solutions. Example: In case of a labor strike at the main production facility, both parties agree that the performance of this agreement will be put on hold until the strike is resolved, without any party incurring penalties or liabilities. It is essential for parties involved in Puerto Rico to carefully consider and tailor the Standard Force Mature Clause to their specific circumstances and needs. Consulting with legal professionals experienced in Puerto Rican law can provide accurate guidance in drafting and including the most suitable force majeure clause in their agreements.

Puerto Rico Standard Force Mature Clause is a contractual provision often included in agreements within the legal jurisdiction of Puerto Rico. This clause provides protection to parties by defining and addressing unforeseen and uncontrollable circumstances that may hinder or prevent the fulfillment of contractual obligations. By including this clause, parties can allocate the risks associated with such events and determine the appropriate course of action to be taken in case of their occurrence. Keywords: Puerto Rico, Standard Force Mature Clause, contractual provision, unforeseen circumstances, uncontrollable circumstances, fulfillment of contractual obligations, risks, course of action There may be various types or variations of Puerto Rico Standard Force Mature Clauses that parties can consider while drafting their agreements. Some specific types include: 1. Natural Disaster Clause: This variation of the clause covers events such as hurricanes, earthquakes, floods, or other similar calamities that are considered as "acts of God" and are beyond human control. Parties may negotiate the specific terms and conditions related to such events. Example: In the event that a hurricane strikes Puerto Rico, causing disruptions in transportation and communication systems for an extended period, both parties agree that the contractual obligations will be temporarily suspended until the situation normalizes. 2. Government Action Clause: This type of clause pertains to instances where a government authority takes actions that directly impact the ability to perform contractual obligations. This may include legislation changes, regulatory actions, or orders from government agencies. Example: If a government-imposed lockdown is enforced, preventing the operation of non-essential businesses due to a health emergency, both parties agree that the obligations under this agreement will be suspended until the government lifts the restrictions. 3. Labor Disruption Clause: This variation addresses situations where labor strikes, lockouts, or other labor disputes hinder or prevent the fulfillment of contractual obligations. It provides a mechanism for parties to handle such situations and potentially extend deadlines or find alternative solutions. Example: In case of a labor strike at the main production facility, both parties agree that the performance of this agreement will be put on hold until the strike is resolved, without any party incurring penalties or liabilities. It is essential for parties involved in Puerto Rico to carefully consider and tailor the Standard Force Mature Clause to their specific circumstances and needs. Consulting with legal professionals experienced in Puerto Rican law can provide accurate guidance in drafting and including the most suitable force majeure clause in their agreements.

Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.