Notification of Force Majeure Event in a Commercial Transaction
In commercial agreements, whenever an event beyond a party’s reasonable control – a “force majeure” event – compromises the completion of terms, the party affected must provide prompt written notice.
Use this sample notification letter to provide notice to a counterparty of a force majeure event. Annotations from Bloomberg Law experts will walk you through the relevant considerations to make when declaring a force majeure in response to some untimely natural cause, governmental or societal action, or infrastructure failure.
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