This office lease form states the tenants obligations to pay rent and perform all the covenants and agreements of the lease even when the landlord is unable to perform obligations under the lease as a result of any natural causalities.
The Nebraska Standard Force Mature Clause is a legally binding clause commonly included in contracts to address unforeseen events that may affect the performance of obligations by one or both parties. Often referred to as a "force majeure" provision, it offers protection to parties when external factors beyond their control make it impossible or impracticable to fulfill contractual obligations. The Nebraska Standard Force Mature Clause encompasses a range of events and circumstances that may qualify as a force majeure event, such as natural disasters (e.g., earthquakes, hurricanes), acts of God (e.g., floods, fires), war, terrorism, government actions (e.g., legislation, regulations, embargoes), labor strikes, epidemics, pandemics, and other events labeled as "force majeure" or "acts of God" in legal terms. These events are typically beyond the control of either party and make it challenging or impossible to perform contractual duties. The Nebraska Standard Force Mature Clause acknowledges that when a force majeure event occurs, the affected party is excused or temporarily relieved from fulfilling its contractual obligations without facing a breach of contract. It allows for the suspension or extension of performance deadlines, adjustments to contractual terms, or even termination of the contract in extreme cases. It is important to note that the Nebraska Standard Force Mature Clause may vary in its wording and specific provisions depending on the nature of the contract and the preferences of the involved parties. While there is no specific classification of different types of force majeure clauses in Nebraska law, the clause can be tailored to address the unique needs and circumstances of each contract. Some businesses may choose to include specific sub-categories within their force majeure clause, such as epidemics/pandemics, acts of terrorism, or government-imposed embargoes, to provide a more comprehensive list of events that trigger the provision. These additions help clarify how parties anticipate responding to various force majeure events and how the impacts of such events will be mitigated. Ultimately, the Nebraska Standard Force Mature Clause serves as a safeguard for contractual parties against situations beyond their reasonable control. It enables them to navigate these extraordinary circumstances while offering flexibility and protection during times of uncertainty.
The Nebraska Standard Force Mature Clause is a legally binding clause commonly included in contracts to address unforeseen events that may affect the performance of obligations by one or both parties. Often referred to as a "force majeure" provision, it offers protection to parties when external factors beyond their control make it impossible or impracticable to fulfill contractual obligations. The Nebraska Standard Force Mature Clause encompasses a range of events and circumstances that may qualify as a force majeure event, such as natural disasters (e.g., earthquakes, hurricanes), acts of God (e.g., floods, fires), war, terrorism, government actions (e.g., legislation, regulations, embargoes), labor strikes, epidemics, pandemics, and other events labeled as "force majeure" or "acts of God" in legal terms. These events are typically beyond the control of either party and make it challenging or impossible to perform contractual duties. The Nebraska Standard Force Mature Clause acknowledges that when a force majeure event occurs, the affected party is excused or temporarily relieved from fulfilling its contractual obligations without facing a breach of contract. It allows for the suspension or extension of performance deadlines, adjustments to contractual terms, or even termination of the contract in extreme cases. It is important to note that the Nebraska Standard Force Mature Clause may vary in its wording and specific provisions depending on the nature of the contract and the preferences of the involved parties. While there is no specific classification of different types of force majeure clauses in Nebraska law, the clause can be tailored to address the unique needs and circumstances of each contract. Some businesses may choose to include specific sub-categories within their force majeure clause, such as epidemics/pandemics, acts of terrorism, or government-imposed embargoes, to provide a more comprehensive list of events that trigger the provision. These additions help clarify how parties anticipate responding to various force majeure events and how the impacts of such events will be mitigated. Ultimately, the Nebraska Standard Force Mature Clause serves as a safeguard for contractual parties against situations beyond their reasonable control. It enables them to navigate these extraordinary circumstances while offering flexibility and protection during times of uncertainty.
