This form brings together several boilerplate Force Majeure contract clauses that work together to outline the definition, effect, remedies, and procedures applicable under a contract agreement as a result of a Force Majeure event.
The Minnesota Force Mature — Long-Form Provision is a legal clause included in contracts to address unforeseen events or circumstances that may prevent one or both parties from fulfilling their contractual obligations. This provision aims to relieve the contracting parties of liability or to provide flexibility to renegotiate terms in the event of a force majeure event. A force majeure event refers to extraordinary, external circumstances beyond the control of the parties that make it impossible or impracticable to perform contractual duties. These events can include natural disasters, acts of God, war, terrorism, strikes, government actions, pandemics, or other unforeseen events. In Minnesota, force majeure provisions can be included in various types of contracts to protect both parties from potential losses or legal disputes arising from unexpected events. Typically, these provisions are found in long-term agreements, such as commercial leases, construction contracts, supply agreements, or service contracts. There are different types of Minnesota Force Mature — Long-Form Provisions, and their applicability may depend on the specific terms and conditions outlined in the contract. Some common types include: 1. General Force Mature Clause: This clause broadly defines force majeure events, stating that the party's non-performance or delay in performance due to such events shall not be considered a breach of the contract. 2. Specific Force Mature Events: Some contracts may specifically list force majeure events such as acts of God, fires, floods, earthquakes, hurricanes, government regulations, and other events agreed upon by both parties. 3. Notice and Mitigation: This type of provision requires the affected party to provide prompt notice to the other party when a force majeure event occurs. It may also require the party to take reasonable steps to minimize the impact of the event on contract performance. 4. Duration of Force Mature: The provision may define the duration of the force majeure event, specifying how long the contract performance will be suspended or delayed. It may also outline the actions required to be taken after the event ends, such as resuming performance or renegotiating terms. 5. Termination Rights: In some cases, a force majeure provision may grant the right to either party to terminate the contract if the force majeure event persists for an extended period, making performance impossible or commercially impracticable. It is important to note that the enforceability and interpretation of force majeure clauses can vary depending on the specific language used in the contract and the circumstances of the event. Therefore, it is advisable for parties to seek legal counsel to ensure the provision is drafted comprehensively and in compliance with Minnesota law.
