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As a consequence, force majeure in areas prone to natural disaster requires a definition of the magnitude of the event for which force majeure could be considered as such in a contract. As an example, in a highly seismic area a technical definition of the amplitude of motion at the site could be established on the contract, based for example on ...
The hardship clause is sometimes used in relation to force majeure, particularly because they share similar features and they both cater to situations of changed circumstances. The difference between the two concepts is that hardship is the performance of the disadvantaged party becoming much more burdensome but still possible.
Clausula rebus sic stantibus comes from Latin (where rebus sic stantibus is Latin for "with things thus standing" or, more idiomatically, "as things stand").. A key figure in the formulation of clausula rebus sic stantibus was the Italian jurist Scipione Gentili (1563–1616), who is generally credited for coining the maxim omnis conventio intelligitur rebus sic stantibus ('every convention is ...
A force majeure clause is designed to protect against failures to perform contractual obligations caused by unavoidable events beyond a party’s control, such as natural disasters. Force majeure clauses are primarily used to identify circumstances in which performance of contract may be forgiven. [6] An example:
Often spoken of interchangeably as "act of God" provisions, force majeure clauses can free both parties in a contract from obligation or liability in circumstances beyond either party's control.
The following table lists Philippine laws that have been mentioned in Wikipedia or are otherwise notable. Only laws passed by Congress and its preceding bodies are listed here; presidential decrees and other executive issuances which may otherwise carry the force of law are excluded for the purpose of this table.
The National Disaster Risk Reduction and Management Council (NDRRMC), formerly known as the National Disaster Coordinating Council (NDCC) until August 2011, is a working group of various government, non-government, civil sector and private sector organizations of the Government of the Republic of the Philippines established on June 11, 1978 by Presidential Decree 1566. [1]
An enacting clause may be preceded by an explanatory preamble of "whereas" clauses, e.g. for the Chequers Estate Act 1917. [65] Until the 19th century each later section of an act repeated an abbreviated version of the formula used in the first section, typically "and be it further enacted by the authority aforesaid".