This office lease form states that this lease and the obligations of the parties to perform their obligations under this lease shall be suspended and excused in the event that party is prevented or delayed in performing its obligations due to a natural calamity. Nothing under this provision shall require the tenant to waive its rights to cancel this lease under constructive or actual constructive eviction or by law.
The Maryland Fairer Force Mature Clause is a legal provision that is included in contracts to address unforeseen circumstances or events that can significantly impact the performance of the contract. This clause helps the parties involved in the contract to determine their rights, obligations, and remedies in case a force majeure event occurs. A force majeure event refers to any event or circumstance beyond the control of the parties that prevents or delays the performance of contractual obligations. This includes natural disasters, acts of terrorism, government actions, pandemics, strikes, and other events that are not reasonably foreseeable or preventable. In Maryland, the fairer force majeure clause is designed to ensure that both parties bear the burden of the force majeure event fairly. It aims to protect the rights and interests of both the contracting parties by allowing for adjustments in obligations, deadlines, or even termination of the contract, depending on the severity and impact of the force majeure event. There are different types of Maryland Fairer Force Mature Clauses that can be incorporated into contracts, depending on the specific circumstances and requirements of the parties involved: 1. Narrow Force Mature Clause: This type of clause lists specific force majeure events that will trigger its application. It provides a limited scope of events that excuse non-performance or allow for modifications in the contract. 2. Broad Force Mature Clause: In contrast to the narrow clause, this type of clause includes a more expansive list of force majeure events. It covers a broader range of circumstances, ensuring that the parties have more flexibility in dealing with unforeseen events. 3. Catch-All Force Mature Clause: This type of clause is more comprehensive and general. It includes a catch-all provision that allows for the inclusion of unforeseen events beyond those specifically listed. It provides a certain level of flexibility to address events that may not have been contemplated at the time of contract formation. Furthermore, it is worth noting that the interpretation and enforcement of the fairer force majeure clause in Maryland may vary depending on the circumstances and the particular language used in the contract. Therefore, it is essential for parties to consult with legal professionals to ensure their specific needs and concerns are appropriately addressed in the force majeure clause.
