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 Oklahoma Standard Force Mature Clause is a legal provision that is commonly included in contracts to address unforeseeable events or circumstances that may prevent one or both parties from fulfilling their obligations. It provides protection for parties in case of a force majeure event that is beyond their control and disrupts the performance of the contract. This clause is especially important in situations where events such as natural disasters, acts of God, war, government actions, or other unforeseen occurrences could hinder contractual obligations. Oklahoma, being a state in the United States, has its own standard force majeure clause that is often used in contracts governed by Oklahoma law. This clause outlines the specific force majeure events recognized as valid reasons for non-performance or delays, as agreed upon by the parties involved. While the exact wording may vary depending on the contract and parties involved, the goal is to establish a mutual understanding of which events will trigger the force majeure provision. Some common force majeure events recognized under the Oklahoma Standard Force Mature Clause may include: 1. Natural disasters: This can refer to events like hurricanes, tornadoes, floods, earthquakes, or wildfires that can severely disrupt normal business operations or the ability to meet contractual obligations. 2. Acts of God: This category encompasses catastrophic events beyond human control, such as lightning strikes, storms, or other weather-related incidents, that prevent the parties from fulfilling their obligations. 3. War or acts of terrorism: In situations where armed conflicts or terrorist activities occur, making contractual performance impossible or impracticable due to security or safety concerns, the force majeure clause can be invoked. 4. Government actions: This involves government acts, laws, regulations, or orders that restrict or prohibit the performance of contractual obligations, such as import/export bans, travel restrictions, or embargoes. 5. Epidemics or pandemics: In the wake of a widespread disease outbreak, such as COVID-19, a force majeure clause can be triggered to cover disruptions caused by quarantines, travel restrictions, or public health emergencies. It is crucial for parties in Oklahoma to define and agree upon force majeure events that will be applicable to their specific contract. Additionally, they should clearly outline the consequences and procedures that will follow the invocation of the force majeure clause, such as notice requirements, mitigation obligations, termination rights, or alternative methods of performance, in order to protect their interests and ensure fairness in the face of unexpected events.
