What does hardship clause mean?
Definitions for hardship clause
hard·ship clause
This dictionary definitions page includes all the possible meanings, example usage and translations of the word hardship clause.
Wikipedia
Hardship clause
Hardship clause is a clause in a contract that is intended to cover cases in which unforeseen events occur that fundamentally alter the equilibrium of a contract resulting in an excessive burden being placed on one of the parties involved.Hardship clauses typically recognize that parties must perform their contractual obligations even if events have rendered performance more onerous than would reasonably have been anticipated at the time of the conclusion of the contract. However, if continued performance has become excessively burdensome because of an event beyond a party's reasonable control that it could not reasonably have been expected to have taken into account, the clause can obligate the parties to negotiate alternative contractual terms to allow for the consequences of the event reasonably.
Numerology
Chaldean Numerology
The numerical value of hardship clause in Chaldean Numerology is: 5
Pythagorean Numerology
The numerical value of hardship clause in Pythagorean Numerology is: 9
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"hardship clause." Definitions.net. STANDS4 LLC, 2024. Web. 19 Apr. 2024. <https://www.definitions.net/definition/hardship+clause>.
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