A contract provision that allows the termination of obligation if certain conditions or events occur. For example, a cancellation clause in a lease can allow the landlord to break the lease if he or she sells the property.
Related information about cancellation clause:
- cancellation clause - Financial Dictionary - The Free Dictionary
A clause in a contract or lease that allows one or either party to cancel it upon the happening of certain named events other than a default.It is most often ...
- What is cancellation clause? definition and meaning
Definition of cancellation clause: Stipulation in an agreement that grants (to one or both parties) the right to terminate it before its expiration, under specified ...
- Cancellation Clause: Definition from Answers.com
Contract provision that gives the right to terminate obligations upon the occurrence of specified conditions or events.
- Kill Fees - Include a Cancellation Clause in Your Freelance Design ...
The kill fee, rejection fee, or cancellation fee insures that you are paid for all work that you have done up to the time that the client notifies you that they are not ...
- Clause & Effect: Excessive Cancellation Penalties - MeetingsNet
Feb 1, 2002 ... Here's an example of what to watch out for in a typical cancellation clause. Clause: “If the Group cancels this contract, the Group's liability for ...
- Cancellation Clause? - Virtual Assistant Forums
I have a prospective client who requested a cancellation clause in the agreement I sent them. I've searched for an example of one but can't find ...
- What Is a Cancellation Clause?
A cancellation clause is a section of a contract spelling out the terms under which either party can break the contract, usually as a result of special circumstances.
- cancellation clause - Business Definition
cancellation clause definition: The clause in a contract that describes the conditions under which each party can cancel the agreement. For example, an ...