Excluding from a “Force Majeure” Provision Inability to Comply with a Payment Obligation
[Updated January 9, 2012, to reflect a change to my February 2011 post prompted by Vance Koven’s comment to this post.] In this February 2011 post I offered my version of a force-majeure provision. It included the following: For purposes of this agreement, “Force Majeure Event” means, with respect to a party, any event or circumstance, regardless of whether it … Read More