Sample Management Contract With Force Majeure In Nassau

State:
Multi-State
County:
Nassau
Control #:
US-0021BG
Format:
Word; 
Rich Text
Instant download

Description

It’s important that the business arrangement between a manager and their client (artist, musician, songwriter, producer, engineer, etc) be put into writing and signed by both parties in the form of an artist management contract or music manager agreement.
Even though disasters cannot always be avoided, obligations can be made much clearer and responsibilities more easily understood with the presence of a written artist management agreement. Before you get an attorney to draft a contract for you, however, you should first take stock of what you are prepared to do with and for an artist and what you expect out of the relationship.
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FAQ

The definition of "force majeure" generally includes "risks beyond the reasonable control of a party, incurred not as a product or result of the negligence of the afflicted party, which have a materially adverse effect on the ability of such party to perform its obligations".

These may include earthquakes, floods, fire, plague, Acts of God (as defined in the contract or in applicable law) and other natural disasters. These are events which are not within the control of the Host Government.

There are generally three essential elements to force majeure: • tt can occur with or without human intervention • it cannot have reasonably been foreseen by the parties • It was completely beyond the parties' control and they could not have prevented its consequences.

Nevertheless, THE FORCE MAJEURE EVENT has severely limited _____________'s ability to PERFORM OBLIGATIONS UNDER THE CONTRACT to the point where invoking force majeure is necessary. ingly, we write to request NATURE OF RELIEF SOUGHT due to the unforeseen impact of THE FORCE MAJEURE EVENT.

For events to constitute the use of force majeure, they must be unforeseeable, external to contract parties, and unavoidable. Force majeure means “greater force” and is related to an act of God, an event for which no party can be held accountable.

Either Party shall be excused from performance and shall not be in default in respect of any obligation hereunder to the extent that the failure to perform such obligation is due to a Natural Force Majeure Event.

Businesses are wise to consider force majeure clauses in all of their key contracts. It is an opportunity to plan for the unpredictable.

A "force majeure" clause (French for "superior force") is a contract provision that relieves the parties from performing their contractual obligations when certain circumstances beyond their control arise, making performance inadvisable, commercially impracticable, illegal, or impossible.

More info

Below is an example of a notification letter declaring that a force majeure event has occurred in a commercial transaction. This page contains Force Majeure clauses in business contracts and legal agreements.We have organized these clauses into groups of similarly worded clauses. This page includes examples of Force Majeure clauses from agreements found on this site. An overview to assist when considering seeking to invalidate contracts or delay performance under the common law based on COVID19. With the exception of force majeure events that will be identified in the concession agreement, the City will receive the specified minimum annual lease. Request approval of the contract with Remind.

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Sample Management Contract With Force Majeure In Nassau