Definition Of Force Majeure
Force majeure erroneously called a force majure is a common clause in contracts that essentially frees both parties from liability or obligation when an extraordinary event or circumstance beyond the control of the parties such as a war strike riot crime epidemic or an event described by the legal term act of god prevents one or both parties from fulfilling their obligations under the.
Definition of force majeure. Force majeure definition is superior or irresistible force. He discovered that his house was not insured against acts of god act of god inevitable accident unavoidable casualty vis major. Force majeure a natural and unavoidable catastrophe that interrupts the expected course of events. Definition of force majeure.
An unexpected event such as a war crime or an earthquake which prevents someone from doing. The term force majeure relates to the law of insurance and is frequently used in construction contracts to protect the parties in the event that a segment of the contract cannot be performed due to causes that are outside the control of the. For the purpose of this agreement force majeure means any act event or cause except in relation to obligations to make payments under this agreement beyond the reasonable control of the party affected by that force majeure including without limitation any act of god or any public enemy fire flood explosion landslide epidemic breakdown of or damage to. Force majeure is a clause that is included in contracts to remove liability for natural and unavoidable catastrophes.
To explore this concept consider the following force majeure definition. Force majeure definition an unexpected and disruptive event that may operate to excuse a party from a contract.