Force majeure clause
This query is : Resolved
22 June 2012
In a specific contract,in the force majeure clause, there is no mention about the notice to be served in case of such happening. It only states that in case ,such event continues for more than 90 days, either party may terminate the contract.Now if a majore fire occurs in a property in a Franchise Agreement, which inter- alia contained the above clause,will it be necessary to serve any written notice to the party?
22 June 2012
Is serving a notice a pre requiste to invoke a force majeure clause? if yes, can any one give me a suitably drafted specimen notice?
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