Force Majeure And Frustration Of Contract

State:
Multi-State
Control #:
US-OL1102A2C
Format:
Word; 
PDF
Instant download

Description

This office lease form states that if performance by either party of any service or obligation under this agreement is prevented or delayed due to certain severe, circumstances, that party shall be excused from the performance to the extent of the prevention, restriction, delay or interference and the other party shall be responsible for performing all of its obligations.

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Parties will have to consider whether their contract has been frustrated in circumstances where a force majeure clause does not apply.

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Force Majeure And Frustration Of Contract