Fortuitous Event Sample Clauses
A fortuitous event clause defines circumstances where unforeseen or uncontrollable events relieve parties from their contractual obligations. Typically, this clause applies to events such as natural disasters, war, or other extraordinary occurrences that could not have been anticipated or prevented by either party. Its core function is to allocate risk by excusing performance when external factors make fulfillment of the contract impossible, thus protecting parties from liability for events beyond their control.
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Fortuitous Event. There shall be no liability under the present Agreement for any party hereto in case of events beyond the control of such party and in case of fortuitous events, that is to say, any unforeseen event caused by superior force which it was impossible to resist. Without limiting the foregoing, fortuitous events shall include an act of public enemies, war, invasion, insurrection, riot, civil disturbance, labor strike and other similar events.
Fortuitous Event. The Court ruled that ▇▇▇▇▇▇’▇ assassination, while a fortuitous event, did not directly cause the construction delay or justify modifying the lease terms. Economic difficulties
Fortuitous Event. No Party shall be held liable in case of a fortuitous event and by which parties are not at fault, or by acts of God which parties could not have reasonably foreseen or foreseen but could have been avoided.
Fortuitous Event. Notwithstanding anything to the contrary contained herein, if either Landlord or Tenant is bona fide delayed or hindered in or prevented from the performance of any term or obligation required hereunder (except the Tenant’s obligation of payment of Rent which shall never be excused) by reason of a fortuitous event or force majeure, then performance of such term or obligation shall be excused for the period of the delay and the party in question shall be entitled to perform such term or obligation within the appropriate delay after the expiration of such delay.