force majeure event
1Force majeure — (French for superior force ) is a common clause in contracts which essentially frees both parties from liability or obligation when an extraordinary event or circumstance beyond the control of the parties, such as war, strike, riot, crime, act of …
2force majeure — force ma·jeure / fȯrs ma zhər, mȧ zhœ̅r/ n [French, superior force] 1: superior or insuperable force 2: an event (as war, labor strike, or extreme weather) or effect that cannot be reasonably anticipated or controlled: fortuitous event compare …
3force majeure clause — n: a clause in an agreement that excuses performance in the event that a force majeure makes the performance impracticable or impossible Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. force majeure clause …
4force majeure — [fō̂rs mȧ zhër′] n. [Fr] 1. superior or overwhelming power 2. an unanticipated or uncontrollable event or effect which releases one from fulfillment of a contractual obligation …
5force majeure — Events outside the control of the parties. These events are acts of man, nature, governments and regulators, or impersonal events. contract performance is forgiven or extended by the period of force majeure. Bloomberg Financial Dictionary * * *… …
6force majeure — French: superior force An event outside the control of either party to a contract (such as a strike, riot, war, act of God) that may excuse either party from fulfilling his contractual obligations in certain circumstances, provided that the… …
7force majeure — /fors mazhur/ mszhar/ In the law of insurance, superior or irresistible force. Such clause is common in construction contracts to protect the parties in the event that a part of the contract cannot be performed due to causes which are outside the …
8force majeure — /fors mazhur/ mszhar/ In the law of insurance, superior or irresistible force. Such clause is common in construction contracts to protect the parties in the event that a part of the contract cannot be performed due to causes which are outside the …
9force majeure — (forss mah ZHEUR) [French] An irresistible, superior force; an event over which one has no control or for which one is not responsible. In the law, an unforeseen and disruptive occurrence that may serve to release a party from a contract.… …
10force majeure — External contingencies that unavoidably affect performance of a contract (French). ► “Regarding the passed deadline, Mr. Salih cited ‘force majeure,’ which allows a company to depart from the terms of a contract when an unanticipated event… …