Dislocation Clause Samples

The Dislocation clause defines the rights and procedures that apply if a party or asset is physically relocated or displaced from its original position. In practice, this clause may specify the responsibilities for costs, notification requirements, and timelines for restoring or compensating for the dislocation, such as when a tenant must temporarily vacate premises for repairs. Its core function is to allocate risk and clarify obligations in situations where dislocation occurs, thereby preventing disputes and ensuring all parties understand their duties and remedies.
Dislocation. Reimbursement up to a maximum limit specified in the Policy Schedule, applicable to dislocation due to an accident which requires surgery under anaesthesia.
Dislocation