Virgin Islands Force Majeure Provisions - The UCC Model

State:
Multi-State
Control #:
US-ND1102
Format:
Word; 
PDF
Instant download

Description

This form provides a model boilerplate Force Majeure clause for contracts based on the Uniform Commercial Code (UCC).

How to fill out Force Majeure Provisions - The UCC Model?

US Legal Forms - among the greatest libraries of legitimate types in the United States - delivers a variety of legitimate record themes it is possible to acquire or produce. Utilizing the website, you may get 1000s of types for enterprise and personal uses, sorted by classes, says, or keywords and phrases.You can find the most recent variations of types just like the Virgin Islands Force Majeure Provisions - The UCC Model in seconds.

If you already possess a monthly subscription, log in and acquire Virgin Islands Force Majeure Provisions - The UCC Model through the US Legal Forms catalogue. The Obtain option can look on each and every form you view. You have accessibility to all in the past downloaded types within the My Forms tab of your respective profile.

If you wish to use US Legal Forms the very first time, here are straightforward recommendations to help you get began:

  • Ensure you have chosen the proper form for your personal town/area. Go through the Preview option to analyze the form`s information. Read the form outline to ensure that you have selected the proper form.
  • When the form does not fit your requirements, utilize the Search industry near the top of the screen to obtain the one who does.
  • Should you be happy with the form, validate your selection by simply clicking the Get now option. Then, select the costs prepare you like and supply your references to sign up on an profile.
  • Approach the deal. Use your Visa or Mastercard or PayPal profile to complete the deal.
  • Pick the file format and acquire the form in your device.
  • Make changes. Complete, edit and produce and indication the downloaded Virgin Islands Force Majeure Provisions - The UCC Model.

Each and every design you added to your bank account does not have an expiry particular date which is the one you have forever. So, in order to acquire or produce yet another backup, just proceed to the My Forms section and then click around the form you require.

Gain access to the Virgin Islands Force Majeure Provisions - The UCC Model with US Legal Forms, the most comprehensive catalogue of legitimate record themes. Use 1000s of expert and express-specific themes that satisfy your organization or personal needs and requirements.

Form popularity

FAQ

Force Majeure Clauses Force majeure, French for a ?superior force,? is an apt name for contractual clauses that allow a party, or the parties, to avoid certain obligations because of unexpected events. There are not standard force majeure clauses; rather, each force majeure clause is specific to the contract.

On [DATE] our manufacturing facility in [LOCATION] was severely damaged by [Hurricane, Storm, Electrical Fire, or Other Specific Cause Listed or Described as a Force Majeure Event in the Parties' Commercial Agreement], resulting in a [Complete; Partial] shutdown of the facility.

What is an example of a force majeure event? Typical force majeure events include natural disasters (fire, storms, floods), governmental or societal actions (war, invasion, civil unrest, labor strikes), and infrastructure failures (transportation, energy).

If you have a family crisis, you have a right to limited time off work. This is called force majeure leave. You may need to take force majeure leave for an urgent family reason, such as the unexpected injury or illness of a 'close family member'.

Force Majeure Clause A party is not liable for a failure to perform if he can prove that: (1) the failure was due to an impedement beyond his control; (2) he could not have reasonably foreseen the impediment at the time of contract formation; and (3) he could not have reasonably avoided or overcome its effects.

Generally speaking, for events to constitute force majeure, they must be unforeseeable, external to the parties of the contract, and unavoidable. These concepts are defined and applied differently depending on the jurisdiction.

Force majeure clause samples 10.2 The Party affected by Force Majeure shall not assume any liability under this Agreement. ... Section 15.12 Force Majeure. ... 6.4 If the agreement cannot be performed due to force majeure, the responsibility shall be exempted in part or in whole ing to the influence of force majeure.

For the avoidance of doubt, Force Majeure shall not include (a) financial distress nor the inability of either party to make a profit or avoid a financial loss, (b) changes in market prices or conditions, or (c) a party's financial inability to perform its obligations hereunder.

Trusted and secure by over 3 million people of the world’s leading companies

Virgin Islands Force Majeure Provisions - The UCC Model