Hell or High Water Clause Definition A contract provision that requires payment regardless of any events that might occur, such as the destruction of the goods.

It has been the practice of Funders for some time to take assignments of receivables due from business Customers to Lessors under Lease or Hire Purchase Agreements on the assumption that the receivables are payable by the Customer on a “hell or high water” basis, without regard to issues which may arise relating to the performance of the Equipment or services which are being provided. A hell or high water contract is a non-cancelable agreement by which the lessee is legally obliged until the expiration of the contract, to continue making stipulated installment payments to the lessor, irrespective of any complications they may run into during usage of the leased property or equipment. Definition A hell or high water clause is a clause in a contract, usually a lease, which provides that payments must continue irrespective of any difficulties which the paying party may encounter. Overview The clause usually forms part of a parent company guarantee. Purchase Agreement: Hell or High Water Clauseby Practical Law AntitrustRelated ContentA Standard Clause that may be used in a purchase or merger agreement when a seller or target company wishes the buyer to take on all of the antitrust risk in a transaction, known as a hell or high water (HOHW) provision, including making any divestitures required to close the transaction and litigating any antitrust challenges. Hell or High Water Clause Definition A contract provision that requires payment regardless of any events that might occur, such as the destruction of the goods. I’m almost twenty years out of law school, and I’m still learning new legalese, but at least this legalese is fairly self-explanatory. The clause: “A ‘hell-or-high-water clause’ is a contractual provision that requires the lessee to absolutely and unconditionally fulfill its obligations under the lease in all events.”

Hell or High Water Contract. A contract including a clause stating that payments must be made regardless of what happens. Specifically, a hell or high water contract requires one party to continue to receive payments even if an act of God prevents the contract from being completed.

The contract's legal, binding, and completely unbreakable, even for you. Sometimes it is implied that the magic punishment for breaking a clause is somehow  denial of rights taking place in large parts of the world, where legal systems Agreement and Court Selection Clauses, in INTERNATIONAL DISPUTE RESOLUTION: THE See Colorado River Water Conservation Dist. v. United See, e.g., SAMANTHA POWER, "A PROBLEM FROM HELL": AMERICA AND THE AGE OF. North, Annetta, and Annetta South, including a large area of unincorporated Parker County and with fringe County Utility District Number 1, a Special Law district formed in 1997, that agreed to administer This contract clause, unless amended, thus prevents Weatherford from supplying treated (or raw) own hell da. 8 Jan 1995 (1) If the court as a matter of law finds the contract or any clause of the contract to "price-term" unconscionability cases in a manner that not only high- lights the resident purchasers of water from city were free to decline service if they deemed price to annuity is, but I sure as hell know what $2,200 is. Huntsman as a template for motivating thoughts about how contract law relatively lax buyer-side covenants, and a "hell or high water" clause re-.

The contract's legal, binding, and completely unbreakable, even for you. Sometimes it is implied that the magic punishment for breaking a clause is somehow 

Force majeure is a standard clause in most contracts. These terms are the doctrine of impracticability and the hell or high water clause. The World Bank subsidiary the PPPLRC or Public-Private-Partnership Legal Resource Center has  6 Sep 2017 Second, the lease contained a "hell or high water clause," that stated in of law, since it is duplicative of the breach of contract counterclaim,  An agreement between the registered or legal owner of a ship (or a person who has contain no offhire provisions: hire is payable "come Hell or High Water". A more than 2 years), on payment of freight (and with provision for demurrage) in   8 Aug 2018 A force majeure clause operates to relieve a party of contractual must go to avoid such events and perform under their contracts, are legal issues under customer contracts); and; “hell or high water” or similar clauses that  15 Jan 2015 In contract law, “impossibility” provides a party with an excuse for failing to perform duties Force Majeure and the “Hell or High Water” Clause. 16 Jan 2018 Many commercial contracts use some variation of “efforts” in court discussed the duration of a “reasonable best efforts” provision. 2009) (comparing a reasonable best efforts covenant with a “hell or high water” covenant). 15 Oct 2019 For example, in English law, any provision in a contract, such as a the liquidated damages provisions (and 'hell or high water' guaranty) 

The venerable, time-honored hell-or-high-water clause has been the mainstay of equipment leasing laws regulatory issues, specific contractual provision.

An agreement between the registered or legal owner of a ship (or a person who has contain no offhire provisions: hire is payable "come Hell or High Water". A more than 2 years), on payment of freight (and with provision for demurrage) in   8 Aug 2018 A force majeure clause operates to relieve a party of contractual must go to avoid such events and perform under their contracts, are legal issues under customer contracts); and; “hell or high water” or similar clauses that  15 Jan 2015 In contract law, “impossibility” provides a party with an excuse for failing to perform duties Force Majeure and the “Hell or High Water” Clause. 16 Jan 2018 Many commercial contracts use some variation of “efforts” in court discussed the duration of a “reasonable best efforts” provision. 2009) (comparing a reasonable best efforts covenant with a “hell or high water” covenant).

Hell-or-High Water Rule Law and Legal Definition Hell-or-high water rule refers to a legal principle obliging a lessee of a personal property to pay full rent that is due to a lessor, regardless of any claim against the lessor.

If you need help with the hell or high water clause in your contract, you can post your legal need on UpCounsel's marketplace. UpCounsel accepts only the top 5   1 Jan 2018 Under this provision, which appears in one form or another in virtually every commercial equipment lease agreement signed over the past 40  Purchase Agreement: Hell or High Water Clauseby Practical Law Antitrust Related Content Maintained • USA (National/Federal)A Standard Clause that may be 

Hell-or-High Water Rule Law and Legal Definition Hell-or-high water rule refers to a legal principle obliging a lessee of a personal property to pay full rent that is due to a lessor, regardless of any claim against the lessor.