noun A clause in a contract that allows for the suspension or termination of the contract due to unforeseen circumstances beyond the control of the parties involved.
Force majeure events can impact construction projects by delaying or suspending work due to factors such as natural disasters or government actions.
Force majeure may impact financial agreements by triggering provisions related to default or renegotiation in case of unforeseen events.
Force majeure clauses are common in contracts to excuse parties from performing their obligations in the event of unforeseen circumstances beyond their control.
In insurance policies, force majeure events are often excluded from coverage, unless specifically included as a covered event.
Force majeure clauses in shipping contracts can provide relief for parties in case of events like port closures or labor strikes.
In the context of a writer, force majeure clauses may be included in contracts to protect against unforeseen events that could prevent the completion or delivery of work.
Psychologists may include force majeure clauses in their client agreements to account for situations where they are unable to provide services due to circumstances beyond their control.