104) However, Lord Longmore rejected the argument that force majeure
under this contract concerned itself with what was beyond only Vitol's reasonable control in relation to its obligations.
Eddie Izzard brings Force Majeure
to the ECHO arena on May 5.
Because events of Force Majeure
can give rise to termination rights, a purchase agreement or tolling agreement should clearly specify what events do and do not constitute events of Force Majeure
, how long an individual event (or several events in the aggregate) must continue before termination rights arise, and whether a partial impact such as an inability to take or supply a portion of contracted-for quantities due to Force Majeure
gives rise to termination rights.
The biz is on pins and needles as the work stoppage moves into its seventh week, the common threshold in contracts for triggering force majeure
, essentially an escape clause if there's an unforeseen event so disruptive (think fire, flood, earthquake or strike) that it becomes impossible for both sides to adhere to the terms of the contract.
The Dow Chemical Company, Midland, MI, declared force majeure
for vinyl acetate monomer (VAM) effective September 3 through approximately the end of October.
Chemicals group Lanxess, Leverkusen, Germany, has lifted its force majeure
declaration for the production of butyl rubber at its Sarnia, Ontario, Canada, site, issued at the beginning of the year.
As a result, the company has issued force majeure
notices to customers in the U.
clauses enable a party to contractually avoid liability due to an irresistible, natural or unavoidable force.
Sartomer Company has declared force majeure
for its Wingtack C5 resins.
Provided they are made correctly and in time, US and European coffee trade rules permit declarations of force majeure
to delay shipment for a certain time until the situation blocking delivery is resolved.
has declared force majeure
on production of its Ultem polyetherimide and placed customers on allocation following an "unforeseen malfunction" at its plant in Mt.