“Hell or High Water” Clause (and Rule)

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.”

The rule: “Nebraska follows the ‘hell or high water’ rule [for interpreting insurance contracts]. Under this rule, if permission to operate an automobile is initially given, then ‘despite hell or high water, such operation is considered to be within the scope of the permission granted, regardless of how grossly the terms of the original bailment may have been violated.’ 7 Appleman, Insurance Law and Practice, ยง 4366, p. 308.'”

Powered by WordPress. Designed by Woo Themes