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 Ohio Standard Force Mature Clause is a legal provision commonly included in contracts to address unforeseen circumstances that prevent one or both parties from fulfilling their contractual obligations. This clause protects parties from liability or penalties when events beyond their control occur, making it impossible or impracticable to perform their duties. In Ohio, the Standard Force Mature Clause can vary slightly depending on the specific contract and parties involved. However, the common elements remain consistent across different types of clauses. These elements are: 1. Definition: The clause starts by defining force majeure events or circumstances that are recognized as valid reasons to excuse performance. Common examples include acts of God (natural disasters like earthquakes or floods), war, terrorism, strikes, riots, governmental actions, and epidemics/pandemics. 2. Impossibility of Performance: The clause specifies that the party's performance must become truly impossible, not just difficult or financially burdensome. It often requires evidence that the force majeure event is the sole reason for the inability to perform. 3. Notice Requirement: The clause usually obliges the affected party to provide prompt written notice to the other party, typically within a specified timeframe after the occurrence of the force majeure event. 4. Suspension or Termination: It determines how the contract will be affected when a force majeure event occurs. The clause may provide for either a temporary suspension of performance until the event ceases, or for the possibility of termination and discharge of the parties' obligations if the force majeure event persists for an extended period. 5. Mitigation Efforts: The clause may require parties to take reasonable steps to mitigate the effects of a force majeure event where possible. This may include finding alternative means of performance or adjusting the timeline for completion. It's important to note that Ohio does not have a specific standard force majeure clause defined by statute. Instead, the content and language of the clause can be customized based on the requirements and preferences of the parties involved. Therefore, it's crucial to carefully draft and negotiate the force majeure clause to align with the specific needs and risks associated with each contract. In conclusion, a Standard Force Mature Clause in Ohio is a contractual provision that protects parties from liability when events beyond their control hinder their ability to fulfill contractual obligations. While Ohio does not have a uniform standard clause, key elements such as defining force majeure events, proving impossibility of performance, providing notice, determining suspension or termination, and emphasizing mitigation efforts, should be considered when drafting such a clause.
