Force majeure

The standard requires the supplier to prepare contingency plans to reasonably protect the customer s supply of product in the event of emergency, excluding natural disaster and force majeure. 

Force majeure is an event, circumstances, or an effect that cannot be reasonably anticipated or controlled - often called an act of God, which includes natural disasters caused by weather and land movement. Force majeure also includes war, riots, air crash, labor stoppage, illness, disruption in utility supply by service providers, etc. There is some contradiction in this requirement as you can take effective action to maintain business continuity as a result of certain events that may be classified as force majeure or natural disasters. 

Although such events cannot be prevented, their effects can be reduced and in some cases eliminated. Hence contingency plans should cover those events that can be anticipated where the means to minimize the effects are within your control. What may be a force majeure situation for your suppliers does not need to be the same for you. 

Termination upon the insolvency, administration or liquidation of either party, or long-term suspension of the agreement due to force majeure (i.e. circumstances beyond the control of either party) should be addressed. 

Force majeure An event or effect that cannot reasonably be anticipated or controlled. 

Acts of God, earthquake, arson, flood, typhoon, force majeure Site layout factors, groups of people, transport features, space limitations, geology, geography... 

TFM - concerns force majeures, accidents, catastrophes, terrorism acts, other undesired events, and failures possible within the TOE environment,... 

The industrial warfare of the twentieth century has required unprecedented steps toward the total mobilization of the society and the economy. 2 Even quite liberal societies like the United States and Britain became, in the context of war mobilization, directly administered societies. The worldwide depression of the 1930s similarly propelled liberal states into extensive experiments in social and economic planning in an effort to relieve economic distress and to retain popular legitimacy. In the cases of war and depression, the rush toward an administered society has an aspect of force majeure to it. The postwar rebuilding of a war-torn nation may well fall in the same category. 

Because of the solar tariff lack for solar thermal installations, immediately it is requested to EC a postponement of 18 months for the project stating date, because of force majeure reasosn... 

Force majeure. Unavoidable and unpredictable events not due to the other party. Medical misadventure may enter into this definition the clause should establish what happens in these cases. 

European Commission 2003b. Guidance to assist Member States in the implementation of the criteria listed in Annex III to Directive 2003/87/EC and on the circumstances under which force majeure is demonstrated , COM(2003) 830, January 2004. 

Liability exemptions under the Convention are traditional the intent to cause damage by a third party, the deliberate fault of the injured party, force majeure (ie, act of war, natural phenomenon of an exceptional and irresistible character) and finally, the lack of infcnmation by the shipper or any other person as to the nature of the goo. ... 

The Convention contains usual defenses such as force majeure or Act of God, intentional acts by a third party and necessary compliance with an order of a public authority. A significant new exemption concerns damage which was caused by pollution at tolerable levels under local relevant circumstances that establishes a threshold fOT claiming damages. Convention enshrines an obligation to tolerate certain disturbances usual in that specific area taking into account local circumstances. 

Lithuania s Vice-Minister of the Economy, Vytautas Nauduzas, points out that the situation faced by Lithuania at the end of the first decade of the twenty-first century was not anticipated at the time of the accession negotiations. The types of energy crisis that Lithuania could face represent a sort of force-majeure (Nauduzas, 2008). 

An agreement between a customer and a supplier to guarantee the availability of the source code in case of force majeure, e.g., bankruptcy. 

Prices (price/quantity) Process improvements Force majeure... 

Many contracts have force majeure clauses in them that break the contract in event of some sort of catastrophe that can immediately impact the supply chain. Some examples of this are a fire in a chemical plant, a hurricane like Katrina, a tornado, or earthquake. If you have a good relationship with the supplier, you will find out about this sooner than if you do not have a good relationship. 

I was in a situation where the compaity I was dealing with had a major breakdown and could not meet their contract demands so they had to declare force majeure to protect the comparer. Some customers were not happy about this, but they had to deal with it. 

---