North Carolina Force Majeure - Long-Form Provision

State:
Multi-State
Control #:
US-ND2308
Format:
Word; 
PDF
Instant download

Description

This form brings together several boilerplate Force Majeure contract clauses that work together to outline the definition, effect, remedies, and procedures applicable under a contract agreement as a result of a Force Majeure event.

North Carolina Force Mature — Long-Form Provision is a legal agreement that is included in contracts to address and protect parties from unforeseeable circumstances or events beyond their control. This provision excuses or delays performance of contractual obligations when such events occur, reducing liability for non-performance or breach due to circumstances beyond the party's reasonable control. Keywords: North Carolina, Force Mature, Long-Form Provision, legal agreement, contracts, unforeseeable circumstances, events, control, performance, contractual obligations, liability, non-performance, breach. Different types of North Carolina Force Mature — Long-Form Provisions include: 1. Natural Disaster Force Mature: This provision covers events caused by natural disasters such as hurricanes, floods, earthquakes, tornadoes, or wildfires. It allows parties to suspend or extend their contractual duties until the effects of the natural disaster are resolved. 2. Acts of God Force Mature: This provision encompasses events beyond human control, including extreme weather conditions, epidemics, plagues, or other natural phenomena. It excuses parties from performance obligations until the situation is resolved. 3. Government Action Force Mature: This provision applies to events caused by government actions, regulations, or orders that could not have been anticipated or prevented. It can include actions like embargoes, import/export restrictions, or changes in legislation that hinder contractual performance. 4. Labor Disputes Force Mature: This provision covers situations in which labor disputes, strikes, or lockouts occur, disrupting the regular course of business operations and rendering contractual obligations difficult or impossible to be fulfilled. 5. Terrorism/Security Threat Force Mature: This provision addresses disruptions caused by acts of terrorism, war, civil unrest, or security threats that make it unsafe or impractical for parties to perform their contractual obligations. It is important to note that the inclusion and specific language of the force majeure provision can vary depending on the parties involved and the nature of the contract. Consulting with a legal professional in North Carolina is recommended to ensure compliance with applicable laws and regulations.

North Carolina Force Mature — Long-Form Provision is a legal agreement that is included in contracts to address and protect parties from unforeseeable circumstances or events beyond their control. This provision excuses or delays performance of contractual obligations when such events occur, reducing liability for non-performance or breach due to circumstances beyond the party's reasonable control. Keywords: North Carolina, Force Mature, Long-Form Provision, legal agreement, contracts, unforeseeable circumstances, events, control, performance, contractual obligations, liability, non-performance, breach. Different types of North Carolina Force Mature — Long-Form Provisions include: 1. Natural Disaster Force Mature: This provision covers events caused by natural disasters such as hurricanes, floods, earthquakes, tornadoes, or wildfires. It allows parties to suspend or extend their contractual duties until the effects of the natural disaster are resolved. 2. Acts of God Force Mature: This provision encompasses events beyond human control, including extreme weather conditions, epidemics, plagues, or other natural phenomena. It excuses parties from performance obligations until the situation is resolved. 3. Government Action Force Mature: This provision applies to events caused by government actions, regulations, or orders that could not have been anticipated or prevented. It can include actions like embargoes, import/export restrictions, or changes in legislation that hinder contractual performance. 4. Labor Disputes Force Mature: This provision covers situations in which labor disputes, strikes, or lockouts occur, disrupting the regular course of business operations and rendering contractual obligations difficult or impossible to be fulfilled. 5. Terrorism/Security Threat Force Mature: This provision addresses disruptions caused by acts of terrorism, war, civil unrest, or security threats that make it unsafe or impractical for parties to perform their contractual obligations. It is important to note that the inclusion and specific language of the force majeure provision can vary depending on the parties involved and the nature of the contract. Consulting with a legal professional in North Carolina is recommended to ensure compliance with applicable laws and regulations.

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North Carolina Force Majeure - Long-Form Provision