This office lease form states that this lease and the obligations of the parties to perform their obligations under this lease shall be suspended and excused in the event that party is prevented or delayed in performing its obligations due to a natural calamity. Nothing under this provision shall require the tenant to waive its rights to cancel this lease under constructive or actual constructive eviction or by law.
Mecklenburg North Carolina Fairer Force Mature Clause is a contractual provision that aims to address unforeseen circumstances or events beyond the control of the parties involved, which may prevent them from fulfilling their obligations as per the agreed terms. This clause protects the parties against liability for non-performance or delays caused by force majeure events such as natural disasters, acts of God, epidemics, wars, terrorism, governmental actions, strikes, or any other event beyond reasonable control. The main purpose of including a Fairer Force Mature Clause in contracts is to fairly allocate the risk of unexpected events that may render the performance of the contract impossible, impractical, or commercially unreasonable. This clause establishes how such events will be handled, including the suspension of the affected party's obligations, termination of the contract, or a temporary halt until the event subsides. In Mecklenburg North Carolina, there are different types of Fairer Force Mature Clauses that may be specified in contracts: 1. Narrow Force Mature Clause: This clause defines force majeure events quite narrowly, often limiting it to events like natural disasters or acts of God. Parties may need to negotiate their inclusion or exclusion if they desire a more comprehensive coverage. 2. Broad Force Mature Clause: A broad clause encompasses a wide range of events beyond just nature-related occurrences. These can encompass events like wars, terrorism, strikes, governmental actions, or any event that may hinder contractual performance. 3. Temporary Suspension Clause: In certain agreements, the Fairer Force Mature Clause may provide an option to temporarily suspend the affected party's obligations during the force majeure event. This allows for flexibility in resuming the contract once the event subsides. 4. Termination Clause: Some contracts may include a provision stating that if the force majeure event persists beyond a specified period, either party has the option to terminate the agreement without incurring additional liability. It is important to note that the specific language and provisions of a Fairer Force Mature Clause can vary depending on the nature of the contract, industry standards, and the parties involved. When drafting or negotiating contracts in Mecklenburg North Carolina, it is advisable to consult legal experts to ensure that the clause adequately protects the parties' interests and comprehensively covers the potential force majeure events that could impact the contract.Mecklenburg North Carolina Fairer Force Mature Clause is a contractual provision that aims to address unforeseen circumstances or events beyond the control of the parties involved, which may prevent them from fulfilling their obligations as per the agreed terms. This clause protects the parties against liability for non-performance or delays caused by force majeure events such as natural disasters, acts of God, epidemics, wars, terrorism, governmental actions, strikes, or any other event beyond reasonable control. The main purpose of including a Fairer Force Mature Clause in contracts is to fairly allocate the risk of unexpected events that may render the performance of the contract impossible, impractical, or commercially unreasonable. This clause establishes how such events will be handled, including the suspension of the affected party's obligations, termination of the contract, or a temporary halt until the event subsides. In Mecklenburg North Carolina, there are different types of Fairer Force Mature Clauses that may be specified in contracts: 1. Narrow Force Mature Clause: This clause defines force majeure events quite narrowly, often limiting it to events like natural disasters or acts of God. Parties may need to negotiate their inclusion or exclusion if they desire a more comprehensive coverage. 2. Broad Force Mature Clause: A broad clause encompasses a wide range of events beyond just nature-related occurrences. These can encompass events like wars, terrorism, strikes, governmental actions, or any event that may hinder contractual performance. 3. Temporary Suspension Clause: In certain agreements, the Fairer Force Mature Clause may provide an option to temporarily suspend the affected party's obligations during the force majeure event. This allows for flexibility in resuming the contract once the event subsides. 4. Termination Clause: Some contracts may include a provision stating that if the force majeure event persists beyond a specified period, either party has the option to terminate the agreement without incurring additional liability. It is important to note that the specific language and provisions of a Fairer Force Mature Clause can vary depending on the nature of the contract, industry standards, and the parties involved. When drafting or negotiating contracts in Mecklenburg North Carolina, it is advisable to consult legal experts to ensure that the clause adequately protects the parties' interests and comprehensively covers the potential force majeure events that could impact the contract.
