| Commentary

22.7 Effect of force majeure event

| Commentary

22.7 Effect of force majeure event

Force majeure clauses usually provide for the release or suspension of parties’ obligations after a force majeure event. For example:

‘...both parties will be released from their respective obligations’

or:

‘the obligations of the parties shall be suspended for so long as the force majeure event renders performance of the agreement impossible’

This wording is followed, where appropriate, by a stipulation that all money owing under the agreement shall be paid immediately.

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