This form provides a model boilerplate Force Majeure clause for contracts based on the Uniform Commercial Code (UCC).
South Dakota Force Mature Provisions — The UCC Model The South Dakota Force Mature Provisions — The UCC Model refers to the regulations and guidelines established in South Dakota that outline the scope and implementation of force majeure clauses based on the Uniform Commercial Code (UCC) framework. These provisions aim to address and mitigate the impact of unforeseen events or circumstances that may prevent parties from fulfilling their contractual obligations. In South Dakota, there are several types of Force Mature Provisions based on the UCC Model, which include: 1. Natural Disasters: This provision covers events such as earthquakes, floods, hurricanes, wildfires, or other natural disasters that make it impossible or impracticable for a party to fulfill its contractual obligations. 2. Acts of God: This provision encompasses events beyond human control, such as lightning strikes, tornadoes, extreme weather conditions, or similar occurrences leading to the interruption or delay of contract performance. 3. War, Terrorism, or Civil Unrest: This provision accounts for situations involving acts of war, terrorism, civil unrest, riots, strikes, or government intervention that may hinder the fulfillment of contractual duties. 4. Pandemics and Epidemics: This provision addresses circumstances related to widespread disease outbreaks, pandemics, or epidemics that may render performance impossible, economically unviable, or unlawful. 5. Supply Chain Disruptions: This provision applies when the non-performance or delay in contract fulfillment occurs due to disruptions within the supply chain, such as transportation failures, scarcity of materials, or labor shortages. These South Dakota Force Mature Provisions based on the UCC Model are crucial for businesses and individuals engaging in contractual agreements, as they provide a legal framework to address unforeseen events and allocate risk accordingly. It is essential for parties to review and negotiate the specific force majeure clauses within their contracts to ensure proper coverage and understanding of the potential risks and remedies in case of force majeure events. By incorporating these South Dakota Force Mature Provisions — The UCC Model into contracts, both parties can have a clear understanding of the circumstances under which performance may be excused or delayed, allowing for more effective risk management, dispute resolution, and contractual enforcement.
