This lease rider form may be used when you are involved in a lease transaction, and have made the decision to utilize the form of Oil and Gas Lease presented to you by the Lessee, and you want to include additional provisions to that Lease form to address specific concerns you may have, or place limitations on the rights granted the Lessee in the “standard” lease form.
Nebraska Force Mature refers to a legal concept that provides protection to parties who are unable to fulfill their obligations under a contract due to unforeseen events or circumstances beyond their control. This concept is often included as a force majeure clause in contracts to address situations that may arise during the performance of a contract. The Nebraska Force Mature clause allows a party to temporarily suspend or terminate its obligations or possibly renegotiate the terms of the contract without being held in breach. This clause typically outlines the specific events or circumstances that qualify as force majeure events, the steps required for the affected party to claim force majeure, and the consequences or remedies available to the parties. The force majeure events recognized under Nebraska law may vary from contract to contract. However, some common examples include natural disasters such as floods, earthquakes, or hurricanes, acts of God like tornadoes or wildfires, war, acts of terrorism, government restrictions, labor strikes, and other unforeseeable events that render the fulfillment of a contract impossible or significantly hindered. Nebraska recognizes different types of force majeure events that may apply to specific industries or situations. These variations may include: 1. Natural Disasters: Nebraska often experiences severe weather conditions, making force majeure clauses crucial in contracts related to construction, agriculture, or outdoor events. Examples of natural disasters considered force majeure events in Nebraska may include floods, tornadoes, blizzards, or droughts. 2. Pandemics and Health Emergencies: In recent times, force majeure clauses have gained prominence due to the COVID-19 pandemic. The outbreak of infectious diseases or health emergencies that result in government-imposed restrictions, travel bans, or supply chain disruptions can be considered force majeure events in Nebraska. 3. Infrastructure Failures: Nebraska Force Mature may encompass events caused by infrastructure failures, such as power outages, telecommunications failures, or transportation disruptions. These events can heavily impact businesses reliant on uninterrupted services and logistics. 4. Acts of Terrorism or Civil Unrest: Acts of terrorism, civil unrest, riots, or political uprisings may be recognized as force majeure events in Nebraska. These events can disrupt business operations, hinder transportation, or impose governmental restrictions, necessitating the activation of force majeure clauses. It is important to seek legal advice when drafting or interpreting force majeure clauses in contracts as their specific applicability and enforceability may differ based on the contract language, the nature of the parties' obligations, and Nebraska state law.
