This office lease form states the tenants obligations to pay rent and perform all the covenants and agreements of the lease even when the landlord is unable to perform obligations under the lease as a result of any natural causalities.
The Massachusetts Standard Force Mature Clause is a legal provision that addresses unforeseen and uncontrollable events that may prevent or delay the performance of a contract. Force majeure clauses are commonly included in contracts to allocate the risks associated with unforeseen circumstances that are beyond the control of the parties involved. This clause provides protection to parties in Massachusetts by defining the events or conditions that qualify as force majeure events and the consequences that arise from such events. In Massachusetts, the Standard Force Mature Clause is usually tailored to fit the specific needs of the parties involved and the nature of their agreement. However, there are several key elements commonly found in these clauses. Some relevant keywords associated with the Massachusetts Standard Force Mature Clause include: 1. Force Mature Event: This refers to any event or circumstance beyond the control of the parties that prevents, obstructs, or delays the performance of the contract. It may include acts of God, natural disasters, epidemics, governmental actions, terrorism, war, strikes, or similar events. 2. Notice: The clause typically requires the affected party to provide prompt written notice to the other party of the occurrence of a force majeure event. It may include specific timeframes or methods of providing notice. 3. Consequences: Depending on the terms of the contract, the force majeure clause may relieve the affected party from liability for non-performance or delay during the force majeure event. It may also suspend or extend the time for performance, or provide for the termination or renegotiation of the contract. 4. Mitigation: The clause may require the affected party to take reasonable measures to mitigate the effects of the force majeure event and reduce the impact on the contract's performance. 5. Specific Events: Some contracts may include a non-exhaustive list of force majeure events that are considered applicable. These events could include acts of terrorism, strikes, lockouts, earthquakes, floods, fires, or other natural disasters. It is important to note that the specific terms of the Massachusetts Standard Force Mature Clause can vary based on the industry, type of contract, and the negotiation between the parties. Different types of the Massachusetts Standard Force Mature Clauses may exist when specific industries or parties require further customization to address their unique risks and circumstances. It is advisable to seek legal counsel to understand and draft a force majeure clause that best suits the needs of the parties and the specific contract in the context of Massachusetts law.
