How is Supervening Event defined in a legal contract?
- Supervening Event means any of a Compensation Event, Relief Event, Excusing Event, Force Majeure Event or Eligible Change in Law Event.
Seen in 15 SEC filings. - Supervening Event means any Compensation Event or any Relief Event.
Seen in 3 SEC filings. - Supervening Event means any event which impacts the CONTRACTOR’s ability to fulfill its obligations under this Agreement. These events include but are not limited to acts of demonstration against the Project, fire, natural catastrophes such as lightning, hurricanes, floods, ionizing radiation, earthquakes, riots, theft, service disruptions due to Failure of any [organization] to provide necessary permits and consents, instability and/or unavailability of the power grid, severe economic disruption, labor-related disputes affecting the System, war, bid protests by a third party, and contamination of the System.
Seen in 1 SEC Filing - Supervening Event means any of a Compensation Event, a Relief Event, or a Force Majeure Event.
Seen in 1 SEC Filing - Supervening Event means any event which causes the provision of materials and/or services under the Agreement to be suspended or interrupted. This includes events described in the Force Majeure clause and other disruptive incidents including, but not limited to, situations where this Agreement becomes illegal.
Seen in 1 SEC Filing
Note: pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.
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Which definition should you use?
🤔 has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.
Genie Definition 1
- Supervening Event means an event causing unexpected disruption to the fulfillment of essential obligations under an agreement.
Relevant Contract Types
- Service Contracts
- Employment Contracts
- Sale of Goods Contracts
- Commercial Lease Contracts
- Construction Contracts
- Distribution Agreements
Relevant Circumstances
- Natural disasters
- Epidemics or Pandemics
- Strikes or labor-related disputes
- Laws or Regulations making performance under the contract illegal.
- Civil unrest.
Relevant Sectors
Genie Definition 2
- Supervening Event means Compensation Event, Relief Event, Excusing Event, Force Majeure Event, or Eligible Change in Law Event.
Relevant Contract Types
Relevant Circumstances
- Unexpected cost increases
- Delays in delivery or service provision
- Compensatory events defined in the agreement
- Situations rendering performance of the contract impossible
Relevant Sectors
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Supervening Event means an event causing unexpected disruption to the fulfillment of essential obligations under an agreement
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