Force Majeure
A french term meaning “greater force”. Force Majeure clauses excuse a party from liability if some event beyond the control of that party prevents it from performing its obligations under the contract. Typically, force majeure clauses cover natural and unexpected events (“acts of god”, war etc.) that result in the failure of one party to perform their obligations to another contracting party. Force majeure clauses are usually intended to excuse a party only if the failure to perform could not be avoided by the exercise of due care by that party.