ESCAPECLAUSE

Escape clause

An escape clause is any clause, term or condition in a contract that allows a party to that contract to avoid having to perform the contract.

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escape clause

Noun

  1. Any clause, term or condition in a contract that allows a party to that contract to avoid having to perform the contract or cancel it.


The above text is a snippet from Wiktionary: escape clause
and as such is available under the Creative Commons Attribution/Share-Alike License.

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