Force Majeure Distribution Agreement

courts tend to interpret force majeure clauses narrowly; In other words, only listed events and events that are similar to those mentioned are covered. For example, while terrorist acts may be a particular event of force majeure, it does not necessarily follow that a court would also excuse a performance by a party because of “threats” against terrorism. It is therefore especially important to indicate any circumstances that you think may prevent or hinder the ranking of your meeting. Understanding Force Majeure Clauses, Janice M. Ryan. Most contracts for the supply and purchase of equipment provide for an apology for delay or loss of performance (or waiver of liability for such delay or failure) as a result of an event of force majeure, generally described as an event beyond the proper control of the party concerned or as a case of force majeure. The consequence of invoking such a clause is either an authorized delay in the execution of the work, or the adaptation of the project schedules (and possibly the costs), or the termination of the contract by the party who is not affected by the force majeure event (although some agreements make this capacity mutually beneficial, usually due to the impact that such a delay will have on the agreements, use production or power capacity at later stages). .