New Hampshire Standard Force Majeure Clause

State:
Multi-State
Control #:
US-OL1102A2A
Format:
Word; 
PDF
Instant download

Description

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 New Hampshire Standard Force Mature Clause is a legal provision frequently included in contracts to address unforeseen events that may hinder or prevent the parties from fulfilling their obligations. This clause acts as a safeguard, allowing parties to be excused from liability or responsibility when circumstances beyond their control arise. The primary purpose of the New Hampshire Standard Force Mature Clause is to alleviate contractual obligations when events such as natural disasters, acts of war, terrorism, epidemics, or government actions occur. By invoking this clause, the party affected by the force majeure event is provided with relief from contractual penalties or other adverse consequences resulting from their inability to perform. It is important to note that the specific wording and content of the New Hampshire Standard Force Mature Clause may differ between contracts. However, the clause often includes provisions addressing the definition of force majeure events, notice requirements, duration of relief, and the parties' responsibilities during the force majeure event. Different variations of the New Hampshire Standard Force Mature Clause may exist, depending on the preferences and priorities of the parties involved. Some common additional clauses or modifications include: 1. Material Adverse Change Clause: This clause extends the force majeure to cover any changes or events that cause a material adverse effect on the affected party or the transaction itself. It broadens the scope of force majeure events beyond traditional and predictable occurrences. 2. Pandemic Clause: In light of recent worldwide health crises, this specific clause encompasses epidemics, pandemics, and public health emergencies as force majeure events. It acknowledges the unique challenges presented by such events and provides specific guidelines for relief and obligations. 3. Government Action Clause: This clause protects parties from force majeure events caused by new laws, regulations, or government actions that make it impossible or impractical to fulfill contractual obligations. It may include events such as changes in legislation, currency controls, or trade embargoes. It is advisable for contracting parties to seek legal advice to ensure that the New Hampshire Standard Force Mature Clause meets their specific needs and adequately addresses their concerns. Additionally, regular reviews and updates to this clause may be necessary to accommodate changing circumstances or emerging force majeure events.

The New Hampshire Standard Force Mature Clause is a legal provision frequently included in contracts to address unforeseen events that may hinder or prevent the parties from fulfilling their obligations. This clause acts as a safeguard, allowing parties to be excused from liability or responsibility when circumstances beyond their control arise. The primary purpose of the New Hampshire Standard Force Mature Clause is to alleviate contractual obligations when events such as natural disasters, acts of war, terrorism, epidemics, or government actions occur. By invoking this clause, the party affected by the force majeure event is provided with relief from contractual penalties or other adverse consequences resulting from their inability to perform. It is important to note that the specific wording and content of the New Hampshire Standard Force Mature Clause may differ between contracts. However, the clause often includes provisions addressing the definition of force majeure events, notice requirements, duration of relief, and the parties' responsibilities during the force majeure event. Different variations of the New Hampshire Standard Force Mature Clause may exist, depending on the preferences and priorities of the parties involved. Some common additional clauses or modifications include: 1. Material Adverse Change Clause: This clause extends the force majeure to cover any changes or events that cause a material adverse effect on the affected party or the transaction itself. It broadens the scope of force majeure events beyond traditional and predictable occurrences. 2. Pandemic Clause: In light of recent worldwide health crises, this specific clause encompasses epidemics, pandemics, and public health emergencies as force majeure events. It acknowledges the unique challenges presented by such events and provides specific guidelines for relief and obligations. 3. Government Action Clause: This clause protects parties from force majeure events caused by new laws, regulations, or government actions that make it impossible or impractical to fulfill contractual obligations. It may include events such as changes in legislation, currency controls, or trade embargoes. It is advisable for contracting parties to seek legal advice to ensure that the New Hampshire Standard Force Mature Clause meets their specific needs and adequately addresses their concerns. Additionally, regular reviews and updates to this clause may be necessary to accommodate changing circumstances or emerging force majeure events.

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New Hampshire Standard Force Majeure Clause