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It refers to an event, either external or internal, that happens to a vessel or aircraft that allows it to enter normally restricted areas without penalty. An example would be the Hainan Island incident where a U.S. Navy aircraft landed at a Chinese military airbase after a collision with a Chinese fighter in April 2001.
Jun 10, 2024 · Force majeure is a clause included in contracts to remove liability for unforeseeable and unavoidable catastrophes interrupting the expected timeline and preventing participants from fulfilling...
Force majeure translates literally from French as superior force. In English, the term is often used in line with its literal French meaning, but it has other uses as well, including one that has roots in a principle of French law.
Jan 15, 2015 · A force majeure clause in a contract essentially releases both parties from obligation or liability when a circumstance beyond the parties’ control occurs preventing fulfillment of the contract.
Force majeure clauses allow a party to leave a contract temporarily or permanently, in whole or in part, for catastrophes that were not foreseeable. These catastrophes must cause severe disruption to fulfill a contractual obligation.
A provision in an agreement that excuses a party's performance under the agreement to the extent its failure to perform is due to certain extreme circumstances outside that party's control, for example, due to the occurrence of a natural disaster or an act of terrorism or war.
May 16, 2024 · force majeure, in commercial and international law, an extraordinary and unforeseen event whose occurrence would free the parties in an agreement from certain obligations to one another. Force majeure incidents typically include wars, natural disasters (e.g., earthquakes), terrorist attacks, epidemics, and civil unrest, such as riots.
Force majeure is a provision in a contract that frees both parties from obligation if an extraordinary event directly prevents one or both parties from performing.
The term describes a power or force that surpasses or can't be overcome. It refers to an unexpected or uncontrollable occurrence such as war, labor strikes, or severe weather that couldn't be predicted or controlled.
force majeure. noun [ U ] LAW uk us. Add to word list. an unexpected event such as a war, crime, or an earthquake which prevents someone from doing something that is written in a legal agreement: They might now activate the force majeure clauses that will allow them to demand their money back.
