Force majeure is the notion that parties to a contract cannot be held responsible for its fulfillment if something happens that is beyond their control.
force majeure
an unavoidable cause of delay or of failure to perform a contract obligation on time.
Dictionary of Real Estate Terms ...
FORCE MAJEURE - A force that cannot be controlled by the parties to a contract and prevents them from c...
FORCE MAJEURE RISK - The risk that there will be prolonged interruption of operations for a project fin...
Force majeure risk
The risk that there will be an interruption of operations for a prolonged period after a
project finance project has been completed due to fire, flood, storm, or some other factor beyond the control
of the project's sponsors.
Force Majeure
A condition of superior or irresistible force such as Acts of God, including earthquakes and floods, ...
Force Majeure. A form of legal protection used when unforeseen events such as natural disasters or war impede a company's ability to continue with normal development and operation of a project.
Force Majeure
Circumstance which is beyond the control of one of the parties to a contract and which may,according to the terms and conditions, relieve that party of liability for failing to execute thecontract.
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Force Majeure
A clause in a supply contract which permits either party not to fulfill the contractual commitments due to events beyond their control. These events may range from strikes to export delays in producing countries.
FORCE MAJEURE
The title of a standard clause in marine contracts exempting the parties for nonfulfillment of their obligations as a result of conditions beyond their control, such as earthquakes, floods, or war.
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FORCE MAJEURE
Condition in contract that relieves either party from obligations where major unforeseen events prevent compliance with provisions of agreement.
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Force majeure risk
The risk that there will be prolonged interruption of operations for a project finance enterprise due to fire, flood, storm, or some other factor beyond the control of the project's sponsors.
Forced conversion ...
Force majeure:
A standard clause (for example in marine contracts) which exempts the parties for non-fulfilment of their obligations as a result of conditions beyond their control, such as earthquakes, floods, ...
Force Majeure - The title of a common clause in contracts exempting the parties for non-fulfillment of their obligations as a result of conditions beyond their control, such as Acts of God or war.
Force Majeure: An excuse for contractual nonperformance due to events beyond the control of either party.
Force majeure
External contingencies that affect performance of a contract.
FORCE MAJEURE
A standard clause which indemnifies either or both parties to a
transaction whenever events which the Exchange declares to be
reasonably beyond the control of either party occur to prevent
fulfillment of the terms of the contract.
Force Majeure
Events outside the control of the parties. These events are acts of man, nature, governments and regulators, or impersonal events. Contract performance is forgiven or extended by the period of force majeure.
Clause de force majeure
Clause d'un contrat de prise ferme qui permet au preneur ferme de résilier son contrat si une loi ou un événement grave, financier ou autre, menace l'ensemble des marchés financiers ou l'émetteur en particulier.
Many shipping and other performance contracts include a 'force majeure' clause which excuses a party who breaches the contract due to acts of God.
Best efforts A high standard of undertaking, but nevertheless excusable in the event of a force majeure.
If a project company has an off-take contract, the supply contract is usually structured to match the general terms of the off-take contract such as the length of the contract, force majeure provisions, etc.
Delay-in-Startup insurances which can cover all non-site force majeures, change in a law, and contingent contractor liability (Efficacy). Sometimes called Advanced Loss-of-Profits Insurances or Advanced Business Interruption Insurance.
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agency bankruptcy basis capital restrictions commodity compliance concentration conversion convexity corporate counterparty country coupon credit credit rating currency default dilution disaster duration environmental event exercise force majeure ...
Best Efforts definition :
A high standard of undertaking, but nevertheless excusable in theevent of a force majeure.
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The Beginner's Guide To Homeowners' Insurance
What is a "force majeure"?
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Forbes magazine's list of the largest publicly owned corporations in the United States according to sales, assets, profits, and market value.
Force majeure risk ...
The next article of the same convention limits the option apparently granted by the use of the word "desirable," providing that "a merchant ship unable, owing to circumstances of force majeure, ...
Force Majeure
Unforeseeable events, beyond the control of participants in a contract, which may excuse either side from fulfilling its liabilities....(Read more)
Foreclosure ...
 See also: Expense, Funding, Counterparty, Expected return, Mortgage pipeline
  
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