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.
The District of Columbia Fairer Force Mature Clause is a legal provision that serves to determine the rights and obligations of parties involved in a contract when an unforeseen event or circumstance, known as force majeure, occurs. Force majeure events are typically beyond the control of the parties involved, such as natural disasters, wars, acts of terrorism, epidemics, or government actions. The purpose of the Fairer Force Mature Clause is to provide fair and equitable treatment to both parties in the event of a force majeure occurrence, ensuring that neither party bears an undue burden nor unfair advantage due to circumstances beyond their control. In the District of Columbia, the Fairer Force Mature Clause aims to strike a balance between protecting the rights of the affected party and maintaining the overall integrity of the contract. It provides clarity and guidance for interpreting force majeure events and their consequences, while also outlining the steps that need to be taken by both parties to mitigate damages and resume contractual obligations once the force majeure event subsides. Examples of force majeure events that may trigger the Fairer Force Mature Clause in the District of Columbia include severe storms, earthquakes, acts of terrorism, government-imposed restrictions, or utility failures. However, it is important to note that the specific force majeure events covered by the clause may vary depending on the contract and the intentions of the parties involved. Different types or variations of the District of Columbia Fairer Force Mature Clause can exist, tailored to specific industries or contract types. For instance, construction contracts may have provisions relating to force majeure events like labor strikes, material shortages, or delays caused by regulatory authorities. Technology-related contracts might include force majeure clauses covering cyberattacks, data breaches, or IT infrastructure failures. In summary, the District of Columbia Fairer Force Mature Clause provides a comprehensive framework for handling unforeseen events that may disrupt contractual obligations. It ensures fairness and balance between the parties and allows for the resolution of disputes arising from force majeure events in an equitable manner.
The District of Columbia Fairer Force Mature Clause is a legal provision that serves to determine the rights and obligations of parties involved in a contract when an unforeseen event or circumstance, known as force majeure, occurs. Force majeure events are typically beyond the control of the parties involved, such as natural disasters, wars, acts of terrorism, epidemics, or government actions. The purpose of the Fairer Force Mature Clause is to provide fair and equitable treatment to both parties in the event of a force majeure occurrence, ensuring that neither party bears an undue burden nor unfair advantage due to circumstances beyond their control. In the District of Columbia, the Fairer Force Mature Clause aims to strike a balance between protecting the rights of the affected party and maintaining the overall integrity of the contract. It provides clarity and guidance for interpreting force majeure events and their consequences, while also outlining the steps that need to be taken by both parties to mitigate damages and resume contractual obligations once the force majeure event subsides. Examples of force majeure events that may trigger the Fairer Force Mature Clause in the District of Columbia include severe storms, earthquakes, acts of terrorism, government-imposed restrictions, or utility failures. However, it is important to note that the specific force majeure events covered by the clause may vary depending on the contract and the intentions of the parties involved. Different types or variations of the District of Columbia Fairer Force Mature Clause can exist, tailored to specific industries or contract types. For instance, construction contracts may have provisions relating to force majeure events like labor strikes, material shortages, or delays caused by regulatory authorities. Technology-related contracts might include force majeure clauses covering cyberattacks, data breaches, or IT infrastructure failures. In summary, the District of Columbia Fairer Force Mature Clause provides a comprehensive framework for handling unforeseen events that may disrupt contractual obligations. It ensures fairness and balance between the parties and allows for the resolution of disputes arising from force majeure events in an equitable manner.
