This lease rider form may be used when you are involved in a lease transaction, and have made the decision to utilize the form of Oil and Gas Lease presented to you by the Lessee, and you want to include additional provisions to that Lease form to address specific concerns you may have, or place limitations on the rights granted the Lessee in the “standard” lease form.
Alabama Force Mature refers to a legal term that is used in the state of Alabama to describe a specific set of circumstances where parties in a contract may be excused from fulfilling their obligations due to an unforeseen event or circumstance beyond their control. This clause is included in contracts to protect parties from liability when they are unable to fulfill their contractual obligations due to an event that makes performance impossible or impracticable. In Alabama, Force Mature is governed by the Alabama Code, specifically Title 7, Chapter 2, Section 7-2-201. According to this law, a Force Mature event must meet certain criteria to be considered valid. These criteria include: 1. Unforeseeable event: The event must be unforeseeable at the time of entering the contract. This means that the party invoking Force Mature should not have been aware of the event or its potential impacts when entering into the agreement. 2. Beyond control: The event must be beyond the control of the party invoking Force Mature. It should be an event that could not have been reasonably prevented or avoided, even with the exercise of due diligence. 3. Impact on performance: The event should render performance of the contract impossible, illegal, or commercially impracticable. This means that the event must directly prevent or significantly hinder the party from fulfilling their obligations under the contract. Types of Force Mature events recognized in Alabama can vary, but some common examples include: 1. Natural disasters: Events such as earthquakes, floods, hurricanes, tornadoes, or wildfires that result in substantial damage or destruction, making it impossible or impracticable to perform the contract. 2. Acts of God: Unexpected events caused by natural forces beyond human control, such as extreme weather conditions, epidemics, or pandemics like COVID-19, which may impact the ability to fulfill contractual obligations. 3. Government actions: Government-issued orders, regulations, or laws that prohibit or significantly restrict certain activities, making it impossible or illegal to perform contractual obligations. 4. Labor disputes: Strikes, lockouts, or other labor-related disputes that disrupt normal business operations and prevent the fulfillment of contractual obligations. It is important to note that the applicability and interpretation of Force Mature clauses may vary depending on the specific language used in the contract and the circumstances of the event. Parties should consult legal counsel to ensure compliance with the law and effectively navigate Force Mature situations in Alabama.Alabama Force Mature refers to a legal term that is used in the state of Alabama to describe a specific set of circumstances where parties in a contract may be excused from fulfilling their obligations due to an unforeseen event or circumstance beyond their control. This clause is included in contracts to protect parties from liability when they are unable to fulfill their contractual obligations due to an event that makes performance impossible or impracticable. In Alabama, Force Mature is governed by the Alabama Code, specifically Title 7, Chapter 2, Section 7-2-201. According to this law, a Force Mature event must meet certain criteria to be considered valid. These criteria include: 1. Unforeseeable event: The event must be unforeseeable at the time of entering the contract. This means that the party invoking Force Mature should not have been aware of the event or its potential impacts when entering into the agreement. 2. Beyond control: The event must be beyond the control of the party invoking Force Mature. It should be an event that could not have been reasonably prevented or avoided, even with the exercise of due diligence. 3. Impact on performance: The event should render performance of the contract impossible, illegal, or commercially impracticable. This means that the event must directly prevent or significantly hinder the party from fulfilling their obligations under the contract. Types of Force Mature events recognized in Alabama can vary, but some common examples include: 1. Natural disasters: Events such as earthquakes, floods, hurricanes, tornadoes, or wildfires that result in substantial damage or destruction, making it impossible or impracticable to perform the contract. 2. Acts of God: Unexpected events caused by natural forces beyond human control, such as extreme weather conditions, epidemics, or pandemics like COVID-19, which may impact the ability to fulfill contractual obligations. 3. Government actions: Government-issued orders, regulations, or laws that prohibit or significantly restrict certain activities, making it impossible or illegal to perform contractual obligations. 4. Labor disputes: Strikes, lockouts, or other labor-related disputes that disrupt normal business operations and prevent the fulfillment of contractual obligations. It is important to note that the applicability and interpretation of Force Mature clauses may vary depending on the specific language used in the contract and the circumstances of the event. Parties should consult legal counsel to ensure compliance with the law and effectively navigate Force Mature situations in Alabama.
