Yahoo Web Search

Search results

  1. Acts of God. In the event that any party is unable to perform its obligations under the terms of this Agreement because of acts of God, strikes, equipment or transmission failure or damage beyond its reasonable control, or other causes beyond its reasonable control, such party shall not be liable to any other party for any damages resulting ...

    • What Is An Act of God?
    • Understanding Acts of God
    • Examples of Acts of God
    • Special Considerations
    • The Bottom Line

    An act of God describes an event outside of human control or activity, such as a natural disaster like a flood or an earthquake. In business, the phrase “act of God” is not associated with any particular religion or belief system. Contractual phrases referring to acts of God are known as force majeure clauses and are often used by insurancecompanie...

    Events, such as floods, earthquakes, or natural catastrophes, trigger acts of God. These are events considered uncontrollable by human intervention. If contracts have force majeure clauses—meaning "superior force"—parties may not be liable if the terms of the contract cannot be carried out. It is important to carefully read how these clauses are wr...

    Like many other sports and entertainment contracts, the NBA has an act of God or force majeure clause. Specifically, the contract includes events like an epidemic. The contract states that a portion of players' salaries can be withheld for each canceled game caused by the event. However, an act of God clause in a contract does not imply that no one...

    Insurance policies often have long lists of exclusions for damages caused by acts of God. Policyholders should thoroughly review their policies to see what types of damages caused by acts of God are covered. From there, they can decide whether to purchase additional insurance to protect themselves and their property from certain risks. Most mortgag...

    An act of God is an uncontrollable natural event such as a tornado, flood, or tsunami. An act of God is not caused or controlled by humans. Policyholders should review their policy for coverage and exclusions since some insurance companies might limit or exclude coverage for acts of God. An act of God does not absolve people from exercising reasona...

  2. The term “act of God” is especially relevant in both the environmental sector and in drafting contracts. Because no human is responsible for an act of God, raising the argument that an event is an act of God can function as a defense to avoid liability.

  3. Aug 14, 2023 · The Covid-19 pandemic was an uncontrollable act of God which delayed, frustrated and otherwise kiboshed hundreds of thousands of contracts, resulting in terminations and suspensions on a...

  4. Mar 16, 2020 · There is no uniform standard “Act of God” provision and the courts will generally not excuse contractual non-performance unless the specific contractual language provides for it. Each contract is different and creates unique definitions and hurdles to limit liability.

  5. Aug 10, 2021 · An “Act of God” clause or force majeure clause is a contractual provision where the parties attempt to limit their liability in the event of nonperformance of the contract or injuries caused as a result of an event defined to be outside the control of the parties.

  6. The “Act of God” clause stands as a legal safeguard in a world where nature’s unpredictability can disrupt contractual relationships. Understanding how the “Act of God” works, the legal defense it provides, and the meticulous process of proving a force majeure event is vital.

  1. People also search for