Major Disasters and Emergencies Sample Clauses
The 'Major Disasters and Emergencies' clause defines how contractual obligations are affected when unforeseen catastrophic events, such as natural disasters or large-scale emergencies, occur. Typically, this clause outlines the parties' rights and responsibilities during such events, which may include suspending performance, extending deadlines, or excusing non-performance if the disaster makes fulfillment impossible. Its core function is to allocate risk and provide a clear process for handling disruptions caused by extraordinary circumstances beyond the parties' control.
Major Disasters and Emergencies. The ▇▇▇▇▇▇▇▇ Act allows federal assistance for major disasters and emergencies upon a declaration by the President. Upon the declaration, the Department is authorized to apply for federal reimbursement from the Federal Emergency Management Agency (FEMA) to aid in response and recovery from a major disaster. The Provider shall request reimbursement for eligible expenses through the Department and payment will be issued upon FEMA approval and reimbursement.