Louisiana Notice by Lessee of Force Majeure with Events Preventing Ability to Perform Operations on A Lease

State:
Multi-State
Control #:
US-OG-359
Format:
Word; 
Rich Text
Instant download

Description

This form is used by the Lessee to give notice that Lessee's obligations to conduct operations on the Lease, which would have the effect of perpetuating or extending the term of the Lease, are suspended or delayed until the cause for the suspension of Lessee's obligations have ceased or are removed.

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FAQ

?Force majeure? is an event or effect that can neither be anticipated nor controlled. The Louisiana Civil Code defines a ?fortuitous event? as ?one that, at the time the contract was made, could not have been reasonably foreseen.? La. Civ. Code art.

Upon an obligor's failure to perform an obligation to deliver a thing, or not to do an act, or to execute an instrument, the court shall grant specific performance plus damages for delay if the obligee so demands. If specific performance is impracticable, the court may allow damages to the obligee.

The state of Louisiana is unique in that nearly all civil actions have a one-year statute of limitations (most states range from two to five years for more claims). The exceptions are the three-year limits on collections of rent and debts and a 10-year statute of limitations for contracts and judgments.

1813. Impossibility or unlawfulness of all items of performance. If all of the items of performance contemplated in the alternative obligation become impossible or unlawful without the obligor's fault, the obligation is extinguished.

This Standard Clause allows either the landlord or the tenant to delay or excuse the performance of any term of its lease that it is unable to perform due to a force majeure event, such as acts of God, hurricanes, earthquakes and other natural disasters, terrorism, government acts, embargoes, labour strikes and ...

Ing to Louisiana R.S. 4, a vehicle that's entering or crossing a highway from a private road, driveway, alley, or building shall stop and yield the right of way to pedestrians and approaching vehicles. Drivers with a green light can go straight or turn right or left, unless prohibited by posted signage.

A typical force majeure clause includes a statement that the occurrence of certain events or circumstances will excuse performance; a listing of the events or circumstances; and a listing of obligations imposed on the party claiming to be excused that typically relate to keeping the other party informed about the force ...

No person shall drive a vehicle on the highway within this state at a speed greater than is reasonable and prudent under the conditions and potential hazards then existing, having due regard for the traffic on, and the surface and width of, the highway, and the condition of the weather, and in no event at a speed in ...

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Louisiana Notice by Lessee of Force Majeure with Events Preventing Ability to Perform Operations on A Lease