Wisconsin Force Majeure - Long-Form Provision

State:
Multi-State
Control #:
US-ND2308
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Word; 
PDF
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Description

This form brings together several boilerplate Force Majeure contract clauses that work together to outline the definition, effect, remedies, and procedures applicable under a contract agreement as a result of a Force Majeure event.

The Wisconsin Force Mature — Long-Form Provision is a legal clause included in contracts to address unexpected events or circumstances that may prevent one or both parties from fulfilling their obligations under the agreement. Force Mature, a French term meaning "superior force," refers to events that are beyond the control of the parties involved and arise due to unforeseen circumstances. In Wisconsin, several types of Force Mature — Long-Form Provisions exist, each tailored to address specific situations that may impact contract performance. Some key variations include: 1. Natural Disasters: This provision covers extraordinary events such as earthquakes, hurricanes, floods, fires, or other acts of nature that may make it impossible or impractical for the contracting parties to fulfill their obligations. The provision typically includes specific language describing the types of events considered force majeure and specifies the steps necessary to trigger its application. 2. Government Actions: This provision addresses instances where government intervention, regulatory changes, or laws implemented after the contract's formation prevent either party from fulfilling their obligations. This may include scenarios where government orders, embargoes, trade restrictions, or changes in legislation restrict the operation of businesses, halt transportation, or impede the supply chain. 3. Labor Strikes and Lockouts: This provision protects parties from breaches caused by labor strikes or lockouts, where labor unions or employers refuse to work or allow employees to work due to labor disputes, causing disruption to the contract's execution. It may allow for the suspension of obligations or extended timeframes until labor issues are resolved. 4. Pandemics or Epidemics: With the recent outbreak of COVID-19, Force Mature — Long-Form Provisions have gained significant attention. This provision encompasses situations where the contract performance is hindered due to widespread and unpredictable health emergencies, such as pandemics or epidemics. It may provide relief in case of government-imposed lockdowns, travel restrictions, or changes in health regulations that directly affect the parties' ability to fulfill their obligations. 5. Acts of War or Terrorism: This provision accounts for circumstances where armed conflicts, acts of war, terrorism, insurrections, or similar events render contractual performance impossible, unsafe, or illegal. Overall, Wisconsin Force Mature — Long-Form Provisions are critical in acknowledging the unpredictability of events beyond parties' control. These provisions establish procedures, define triggering events, and determine the consequences of force majeure events, such as temporary suspension of obligations, extension of deadlines, or even contract termination. It is crucial for parties entering into contracts to carefully consider and negotiate the terms of the Force Mature clause to ensure both parties are protected and aware of their rights and responsibilities in unforeseen circumstances.

The Wisconsin Force Mature — Long-Form Provision is a legal clause included in contracts to address unexpected events or circumstances that may prevent one or both parties from fulfilling their obligations under the agreement. Force Mature, a French term meaning "superior force," refers to events that are beyond the control of the parties involved and arise due to unforeseen circumstances. In Wisconsin, several types of Force Mature — Long-Form Provisions exist, each tailored to address specific situations that may impact contract performance. Some key variations include: 1. Natural Disasters: This provision covers extraordinary events such as earthquakes, hurricanes, floods, fires, or other acts of nature that may make it impossible or impractical for the contracting parties to fulfill their obligations. The provision typically includes specific language describing the types of events considered force majeure and specifies the steps necessary to trigger its application. 2. Government Actions: This provision addresses instances where government intervention, regulatory changes, or laws implemented after the contract's formation prevent either party from fulfilling their obligations. This may include scenarios where government orders, embargoes, trade restrictions, or changes in legislation restrict the operation of businesses, halt transportation, or impede the supply chain. 3. Labor Strikes and Lockouts: This provision protects parties from breaches caused by labor strikes or lockouts, where labor unions or employers refuse to work or allow employees to work due to labor disputes, causing disruption to the contract's execution. It may allow for the suspension of obligations or extended timeframes until labor issues are resolved. 4. Pandemics or Epidemics: With the recent outbreak of COVID-19, Force Mature — Long-Form Provisions have gained significant attention. This provision encompasses situations where the contract performance is hindered due to widespread and unpredictable health emergencies, such as pandemics or epidemics. It may provide relief in case of government-imposed lockdowns, travel restrictions, or changes in health regulations that directly affect the parties' ability to fulfill their obligations. 5. Acts of War or Terrorism: This provision accounts for circumstances where armed conflicts, acts of war, terrorism, insurrections, or similar events render contractual performance impossible, unsafe, or illegal. Overall, Wisconsin Force Mature — Long-Form Provisions are critical in acknowledging the unpredictability of events beyond parties' control. These provisions establish procedures, define triggering events, and determine the consequences of force majeure events, such as temporary suspension of obligations, extension of deadlines, or even contract termination. It is crucial for parties entering into contracts to carefully consider and negotiate the terms of the Force Mature clause to ensure both parties are protected and aware of their rights and responsibilities in unforeseen circumstances.

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Wisconsin Force Majeure - Long-Form Provision