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 Oregon Standard Force Mature Clause is a legal provision commonly included in contracts to address unforeseen events or circumstances that may prevent one or both parties from fulfilling their contractual obligations. This clause acts as a safeguard for parties by allocating the risk and responsibility in the event of a force majeure event. A force majeure event refers to an extraordinary, unforeseeable, and uncontrollable event that hinders the performance of contractual obligations and which could not have been reasonably anticipated, prevented, or mitigated. In Oregon, the standard force majeure clause outlines the specific scenarios under which the clause can be invoked, the consequences of such invocation, and the rights and responsibilities of each party involved. The Oregon Standard Force Mature Clause may encompass various types, some of which include: 1. Natural Disasters: This clause would cover events such as earthquakes, floods, hurricanes, tornadoes, wildfires, or other natural calamities that directly and significantly impact the ability of a party to perform under the contract. 2. Acts of God: This category typically covers unforeseeable and natural events beyond human control, like severe weather conditions or natural phenomena, which make contract performance impossible or impracticable. 3. Government Actions: This type of clause would trigger force majeure in cases where government-imposed restrictions, such as legislative enactments, regulations, embargoes, or executive orders, prevent or delay the fulfillment of contractual obligations. 4. Labor Disruptions: This clause would address situations where strikes, lockouts, labor difficulties, or other labor-related disruptions prevent timely completion of the contractual obligations. 5. Terrorism or War: This clause would encompass force majeure events arising from acts of terrorism, war, declared or undeclared, civil unrest, political violence, or military actions that make contract performance impossible or impracticable. It is important to note that the exact wording and applicability of force majeure clauses may vary depending on the specific contract and parties involved. Therefore, it is imperative for businesses and individuals to carefully review and tailor the force majeure clause to their specific needs or seek legal advice to ensure their interests are adequately protected during unforeseen circumstances.
The Oregon Standard Force Mature Clause is a legal provision commonly included in contracts to address unforeseen events or circumstances that may prevent one or both parties from fulfilling their contractual obligations. This clause acts as a safeguard for parties by allocating the risk and responsibility in the event of a force majeure event. A force majeure event refers to an extraordinary, unforeseeable, and uncontrollable event that hinders the performance of contractual obligations and which could not have been reasonably anticipated, prevented, or mitigated. In Oregon, the standard force majeure clause outlines the specific scenarios under which the clause can be invoked, the consequences of such invocation, and the rights and responsibilities of each party involved. The Oregon Standard Force Mature Clause may encompass various types, some of which include: 1. Natural Disasters: This clause would cover events such as earthquakes, floods, hurricanes, tornadoes, wildfires, or other natural calamities that directly and significantly impact the ability of a party to perform under the contract. 2. Acts of God: This category typically covers unforeseeable and natural events beyond human control, like severe weather conditions or natural phenomena, which make contract performance impossible or impracticable. 3. Government Actions: This type of clause would trigger force majeure in cases where government-imposed restrictions, such as legislative enactments, regulations, embargoes, or executive orders, prevent or delay the fulfillment of contractual obligations. 4. Labor Disruptions: This clause would address situations where strikes, lockouts, labor difficulties, or other labor-related disruptions prevent timely completion of the contractual obligations. 5. Terrorism or War: This clause would encompass force majeure events arising from acts of terrorism, war, declared or undeclared, civil unrest, political violence, or military actions that make contract performance impossible or impracticable. It is important to note that the exact wording and applicability of force majeure clauses may vary depending on the specific contract and parties involved. Therefore, it is imperative for businesses and individuals to carefully review and tailor the force majeure clause to their specific needs or seek legal advice to ensure their interests are adequately protected during unforeseen circumstances.
