Force Majeure Event

A formal notice by a party to a contract declaring that it cannot perform its obligations due to an extraordinary event or circumstance beyond reasona...

A Force Majeure Clause is a contractual provision that excuses or suspends performance and may limit liability when events beyond the parties' control...

A force majeure clause provides that a party is relieved from performing its contractual duties, or that performance is temporarily suspended, when th...

The period during which a party is excused from performing contractual obligations due to a force majeure event; during this duration, deadlines may b...

A contractual mechanism by which parties adjust, suspend, or renegotiate obligations in response to a force majeure event (unforeseeable, unavoidable ...

A Force Majeure clause within Incoterms or related carriage terms excuses or suspends a party's contractual obligations when performance is prevented ...