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A hell or high water clause is a clause in a contract, usually a lease, which provides that the payments must continue irrespective of any difficulties which the paying party may encounter, usually in relation to the operation of the leased asset.
The parties to a contract may choose to ignore impossibility by inserting a hell or high water clause, which mandates that payments continue even if completion of the contract becomes physically impossible. Sometimes it is impossible to perform a contract as a result of war. [2]
Category:Contract clauses concerns specific clauses in legal contracts. ... Hardship clause; Hell or high water clause; Himalaya clause; I. Integration clause; J.
"Hell or High Water", a song by Bailey Zimmerman from the Twisters (film), released in 2024. Other uses. Hell or high water clause, a contract clause; See also All ...
Come hell or high water, I will work on screen,’” she recalled. Still, the humiliating incident, she added, gave her “a complex for years.” ...
Under a UCC 2A finance lease, the lessee pays the payments to the lessor (and indeed must do so, regardless of any defect in the leased goods – this obligation usually being contained in a "hell or high water" clause), but any claims related to defects in the leased goods may be brought only against the actual supplier of the goods.
Stoli. Stoli Group USA, the owner of the namesake vodka, filed for bankruptcy in December. A number of things went wrong for the unit, including a slowing demand for spirits, a major cyberattack ...
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.