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.
Nebraska Force Mature — Long-Form Provision is a contractual clause designed to address unforeseeable circumstances or events that may prevent one or both parties from fulfilling their obligations under an agreement. It is applicable in situations where performance becomes impossible or impracticable due to events beyond the reasonable control of the parties involved. In Nebraska, there are different types of Force Mature — Long-Form Provisions that can be included in contracts to provide specific guidance and protection. Some common types include: 1. Natural Disasters: This provision covers events like earthquakes, floods, hurricanes, or other natural calamities that may hinder the ability to perform the contract. 2. Government or Legal Intervention: This type of provision protects against situations where government actions, such as legislative changes, regulations, or executive orders, make it impossible or illegal to fulfill contractual obligations. 3. Labor Disputes: Force Mature clauses can also extend to include strikes, labor disputes, or other forms of labor unrest that may prevent the parties from meeting their obligations. 4. Acts of God: This provision encompasses events beyond human control, such as extreme weather conditions, pandemics, epidemics, or other widespread health emergencies that could disrupt normal operations. The Nebraska Force Mature — Long-Form Provision usually outlines the specific triggers under which the provision may be invoked and how it affects the parties' obligations. It often requires prompt notice of the force majeure event and may also require the parties to mitigate any damages. It is crucial to define in the contract what constitutes a force majeure event and whether it suspends or terminates the agreement. Additionally, parties may include provisions related to the allocation of risks, liability limitations, or potential remedies in case of force majeure events. Overall, the Nebraska Force Mature — Long-Form Provision acts as an important safeguard, allowing parties to navigate unforeseen circumstances that may arise during the course of their contractual obligations. By adequately addressing potential disruptions, it provides clarity, reduces risks, and helps maintain a fair and balanced contractual relationship between the involved parties.
