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Interesting Questions
Yes, it's usually a good idea to notify the other party as soon as possible if a Force Majeure event occurs. Communication is the name of the game to keep things running smoothly.
Not necessarily! A Force Majeure clause typically only excuses you from performance during the event. Once the situation settles down, you still need to meet your obligations unless otherwise stated.
To prove a Force Majeure event, you generally need to show that the event was truly unexpected and directly impacted your ability to fulfill the contract. Documentation and evidence are key here.
Common events include natural disasters, wars, strikes, and pandemics. If it shakes the ground or causes a ruckus, it might fall under this heading.
Yes, the Uniform Commercial Code (UCC) includes guidelines that help define Force Majeure conditions, ensuring everyone is on the same page when it comes to unexpected events affecting contracts.
A Force Majeure provision is a legal clause that allows parties to be excused from fulfilling their contractual obligations due to unforeseen circumstances, like natural disasters or acts of God.
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Plano Texas Force Majeure Provisions - The UCC Model