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What is force majeure?
Force majeure is a clause in a contract that allows either party to suspend or terminate the performance of its obligations when certain circumstances beyond their control arise.
Who is required to file force majeure?
Any party to a contract that is unable to perform its obligations due to force majeure events is required to file force majeure.
How to fill out force majeure?
To fill out force majeure, the party must provide details of the force majeure event, the impact on their ability to perform, and any relevant supporting documentation.
What is the purpose of force majeure?
The purpose of force majeure is to excuse a party from performance of its contractual obligations when unforeseen events beyond their control make performance impossible or impracticable.
What information must be reported on force majeure?
The information reported on force majeure must include details of the force majeure event, the impact on performance, and any efforts made to mitigate the effects.
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