Force Majeure

As per terms of agreement you have to act upon.

Mr. Sim, Force Majeure Clause work only for some Business Renting Only . you have not Explained what exactly your Business is about.

depending to situation period...

But you can escape this clause if you are ready to pay the penalty as prescribed. Forced Majeure come into force mainly if one of the party of the party government or the other party is getting any concession from the government in this situation otherwise the terms of contract are binding.