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.
Travis Texas Fairer Force Mature Clause is a clause commonly found in contracts, specifically within the legal jurisdiction of Travis County, Texas. It establishes provisions that protect both parties involved in a contract from unforeseen circumstances or events that may hinder their ability to fulfill their obligations. A Force Mature Clause is designed to allocate the risks associated with uncontrollable events that can, to a certain extent, excuse the performance or delay of performance of the contract. In essence, it provides legal protection against events outside the control of the contracting parties that make it impossible or impracticable to fulfill the agreed-upon terms. The Travis Texas Fairer Force Mature Clause is characterized by its emphasis on fairness and balance between the parties involved. It ensures that neither party gains an unfair advantage through the application of the clause. This type of clause is aimed at safeguarding the rights and interests of all parties without unduly burdening one party over another. The Travis Texas Fairer Force Mature Clause takes into account various scenarios that may trigger its application. Some common events covered may include natural disasters, acts of God, war, terrorism, government actions, labor strikes, or unforeseen technological failures. The clause defines these events with precision and specificity to provide clarity and avoid ambiguity. In addition to the general Travis Texas Fairer Force Mature Clause, there may be specific types of clauses tailored to specific industries or contracts. Some examples include: 1. Construction Industry Force Mature Clause: This type of clause addresses events such as extreme weather conditions, labor shortages, or material supply disruptions specific to construction projects. 2. Oil and Gas Industry Force Mature Clause: This clause focuses on events like regulatory changes, unusual production difficulties, or disruptions in transportation networks that may impact oil and gas exploration, production, or distribution. 3. Travel and Tourism Industry Force Mature Clause: This clause considers events like travel bans, airline disruptions, or government advisories that may impede the operations of travel agencies, hotels, or airlines. 4. Event Planning Industry Force Mature Clause: This specific clause accounts for circumstances such as venue closures, public safety concerns, or unforeseen popularity of events that may result in logistical challenges for event organizers. It is important for parties entering into a contract in Travis County, Texas, to assess their particular circumstances and consider including a fair and comprehensive Force Mature Clause, as governed by local laws. Seeking legal advice and tailoring the clause to the specific industry or contract can help ensure that both parties are adequately protected in the event of unforeseen circumstances.Travis Texas Fairer Force Mature Clause is a clause commonly found in contracts, specifically within the legal jurisdiction of Travis County, Texas. It establishes provisions that protect both parties involved in a contract from unforeseen circumstances or events that may hinder their ability to fulfill their obligations. A Force Mature Clause is designed to allocate the risks associated with uncontrollable events that can, to a certain extent, excuse the performance or delay of performance of the contract. In essence, it provides legal protection against events outside the control of the contracting parties that make it impossible or impracticable to fulfill the agreed-upon terms. The Travis Texas Fairer Force Mature Clause is characterized by its emphasis on fairness and balance between the parties involved. It ensures that neither party gains an unfair advantage through the application of the clause. This type of clause is aimed at safeguarding the rights and interests of all parties without unduly burdening one party over another. The Travis Texas Fairer Force Mature Clause takes into account various scenarios that may trigger its application. Some common events covered may include natural disasters, acts of God, war, terrorism, government actions, labor strikes, or unforeseen technological failures. The clause defines these events with precision and specificity to provide clarity and avoid ambiguity. In addition to the general Travis Texas Fairer Force Mature Clause, there may be specific types of clauses tailored to specific industries or contracts. Some examples include: 1. Construction Industry Force Mature Clause: This type of clause addresses events such as extreme weather conditions, labor shortages, or material supply disruptions specific to construction projects. 2. Oil and Gas Industry Force Mature Clause: This clause focuses on events like regulatory changes, unusual production difficulties, or disruptions in transportation networks that may impact oil and gas exploration, production, or distribution. 3. Travel and Tourism Industry Force Mature Clause: This clause considers events like travel bans, airline disruptions, or government advisories that may impede the operations of travel agencies, hotels, or airlines. 4. Event Planning Industry Force Mature Clause: This specific clause accounts for circumstances such as venue closures, public safety concerns, or unforeseen popularity of events that may result in logistical challenges for event organizers. It is important for parties entering into a contract in Travis County, Texas, to assess their particular circumstances and consider including a fair and comprehensive Force Mature Clause, as governed by local laws. Seeking legal advice and tailoring the clause to the specific industry or contract can help ensure that both parties are adequately protected in the event of unforeseen circumstances.
