Force Majeure Clause
Quelle: https://www.britannica.com/topic/force-majeure
A force majeure clause provides that a party is relieved from performing its contractual duties, or that performance is temporarily suspended, when the performance becomes impossible or commercially impracticable due to extraordinary events beyond the party's control (e.g., natural disasters, war, terrorism, government actions, strikes). The clause typically specifies the duration of the relief, any notice requirements, and the impact on timelines, costs, or substitute performance.
Related Terms
You might also be interested in these terms