Are you in need of a Force Majeure Termination Letter Sample? Look no further! Below, you will find examples of such letters that you can use as a template and customize to suit your specific situation.
Understanding Force Majeure Termination Letter Sample
When unforeseen circumstances prevent a party from fulfilling their contractual obligations, they may need to terminate the agreement. A Force Majeure Termination Letter is a formal document used to communicate this decision to the other party. Here are some common reasons for using a Force Majeure Termination Letter:
- Natural disasters
- War or civil unrest
- Government action
- Pandemics
By providing notice through a well-crafted letter, both parties can understand the situation and work towards a resolution.
Sample Force Majeure Termination Letter
Dear [Recipient’s Name],
I am writing to inform you that due to the unforeseen circumstances surrounding the recent pandemic, we are unable to fulfill our contractual obligations under the agreement dated [Date]. As outlined in the Force Majeure clause of the contract, we are invoking our right to terminate the agreement.
We understand that this decision may cause inconvenience, and we are committed to working towards a resolution that is fair to all parties involved. We believe that this termination is necessary to protect the interests of both parties given the current situation.
Please consider this letter as formal notice of termination. We are open to discussing the terms of the termination and any potential implications it may have on our future business relationship.
Sincerely,
[Your Name]