Due to the COVID-19 pandemic, many companies are facing significant challenges in managing contractual obligations. Often they have to deal with delays or disruptions in performance. Force Majeure and Material Adverse Change clauses can be possible solutions, as the presence of these clauses can allow for suspension or even termination of the party's performance obligations. The contract review platform powered by ADEx AI can help companies evaluate potential exposure to the outbreak's consequences, including the possibility of invoking the force majeure clauses in their contracts.
Contract Types Covered
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ADEx can be used for many different document types including