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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...
Jan 15, 2015 · Definition of Force Majeure. Noun. Greater, superior, or irresistible force. Noun. An event that cannot be reasonably anticipated or controlled. Noun. An unexpected, disruptive event that may excuse a party from performing duties under a contract. Origin 1880 French. Events Considered Force Majeure.
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.
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 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. If the event meets the term in the force majeure clause, both parties can end the agreement without penalty.
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. A non-performing party may use a force majeure clause as excuse for non-performance for circumstances beyond the party's control and not due to any fault or negligence by the non ...
FORCE MAJEURE definition: an unexpected event such as a war, crime, or an earthquake which prevents someone from doing…. Learn more.
A force majeure clause typically excuses one or both parties from performance of the contract in some way following the occurrence of such events. Its underlying principle is that on the occurrence of certain events which are outside a party's control, that party is excused from, or entitled to suspend performance of all or part of its obligations.
Force majeure, derived from French law, refers to a clause that excuses non-performance of a contract in the event of unforeseen circumstances beyond the control of the parties involved. These circumstances, often referred to as acts of God, can include natural disasters, war, terrorism, or any other event that is considered beyond human control.
