From supplier point of view important thing while drafting a force majeure clause is to ensure that not only the duration of force majeure event is covered, but also the events following the event are covered.
For example lightning striking a factory as a force majeure event (for some 3-4 seconds), but events following the event (like a fire) can be for a long duration (even some days). And some resultant restoration required in the machinery can take even more time.
It is important these things are kept in mind while drafting a force majeure clause in a contract.
For example lightning striking a factory as a force majeure event (for some 3-4 seconds), but events following the event (like a fire) can be for a long duration (even some days). And some resultant restoration required in the machinery can take even more time.
It is important these things are kept in mind while drafting a force majeure clause in a contract.
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