This office lease form states that this lease and the obligations of the parties to perform their obligations under this lease shall be suspended and excused in the event that party is prevented or delayed in performing its obligations due to a natural calamity. Nothing under this provision shall require the tenant to waive its rights to cancel this lease under constructive or actual constructive eviction or by law.
Connecticut Fairer Force Mature Clause is a legal provision included in contractual agreements to address unforeseen events or circumstances that could prevent one or both parties from fulfilling their obligations. This clause allows the affected party to be excused from the performance of contractual obligations when a force majeure event occurs. The purpose of a Fairer Force Mature Clause is to ensure a more balanced and equitable allocation of risks and costs associated with such events. In Connecticut, there are various types of Fairer Force Mature Clauses that provide specific conditions, remedies, and terms. Some key types include: 1. Traditional Force Mature Clause: This type of clause outlines specific force majeure events, such as acts of God (natural disasters, extreme weather conditions), war, terrorism, strikes, government actions, or other uncontrollable events. It typically lists these events as excusable delays or failures, providing relief to the affected party. 2. Pandemic/Health Emergency Clause: In the wake of the COVID-19 pandemic, some Connecticut Fairer Force Mature Clauses explicitly include language regarding pandemics or health emergencies. These clauses may address disruptions caused by epidemics, sanitary restrictions, government-imposed lockdowns, or the unavailability of workforce due to such conditions. 3. Cybersecurity/IT Failure Clause: With the increasing dependence on technology, some clauses incorporate provisions related to IT system failures, cybersecurity breaches, or hacking incidents that may hinder contract performance. These clauses ensure the mitigation of risks associated with such events, providing parties with some relief if they occur. 4. Supply Chain Disruption Clause: This type of clause focuses on disruptions in the supply chain caused by various events, such as natural disasters, transportation issues, trade embargoes, or political instability. It allows parties to be excused from performance if their ability to obtain necessary supplies or materials is significantly impacted. 5. Regulatory/Government Action Clause: This clause addresses situations where contractual obligations cannot be fulfilled due to changes in applicable laws, regulations, or government actions. It may include events such as import/export restrictions, changes in licensing requirements, or the imposition of tariffs or sanctions. It is important to consult with legal professionals when drafting or interpreting a Connecticut Fairer Force Mature Clause to ensure compliance with applicable laws and to accurately reflect the intentions and expectations of the parties involved.
Connecticut Fairer Force Mature Clause is a legal provision included in contractual agreements to address unforeseen events or circumstances that could prevent one or both parties from fulfilling their obligations. This clause allows the affected party to be excused from the performance of contractual obligations when a force majeure event occurs. The purpose of a Fairer Force Mature Clause is to ensure a more balanced and equitable allocation of risks and costs associated with such events. In Connecticut, there are various types of Fairer Force Mature Clauses that provide specific conditions, remedies, and terms. Some key types include: 1. Traditional Force Mature Clause: This type of clause outlines specific force majeure events, such as acts of God (natural disasters, extreme weather conditions), war, terrorism, strikes, government actions, or other uncontrollable events. It typically lists these events as excusable delays or failures, providing relief to the affected party. 2. Pandemic/Health Emergency Clause: In the wake of the COVID-19 pandemic, some Connecticut Fairer Force Mature Clauses explicitly include language regarding pandemics or health emergencies. These clauses may address disruptions caused by epidemics, sanitary restrictions, government-imposed lockdowns, or the unavailability of workforce due to such conditions. 3. Cybersecurity/IT Failure Clause: With the increasing dependence on technology, some clauses incorporate provisions related to IT system failures, cybersecurity breaches, or hacking incidents that may hinder contract performance. These clauses ensure the mitigation of risks associated with such events, providing parties with some relief if they occur. 4. Supply Chain Disruption Clause: This type of clause focuses on disruptions in the supply chain caused by various events, such as natural disasters, transportation issues, trade embargoes, or political instability. It allows parties to be excused from performance if their ability to obtain necessary supplies or materials is significantly impacted. 5. Regulatory/Government Action Clause: This clause addresses situations where contractual obligations cannot be fulfilled due to changes in applicable laws, regulations, or government actions. It may include events such as import/export restrictions, changes in licensing requirements, or the imposition of tariffs or sanctions. It is important to consult with legal professionals when drafting or interpreting a Connecticut Fairer Force Mature Clause to ensure compliance with applicable laws and to accurately reflect the intentions and expectations of the parties involved.
