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escape clause

A provision in a contract that allows one or more of the parties to cancel all or part of the contract if certain events do not occur. For example, a buyer who cannot get approval for financing can cancel the contract if an appropriate escape clause is included in the contract for sale.

Related information about escape clause:
  1. Escape clause - Wikipedia, the free encyclopedia
    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. If an agreement was ...
     
  2. Escape Clause (TV 1996) - IMDb
    Directed by Brian Trenchard-Smith. With Andrew McCarthy, Paul Sorvino, Connie Britton, Kate McNeil. A man finds out from a would be killer that his wife has ...
     
  3. "Twilight Zone" Escape Clause (TV episode 1959) - IMDb
    Directed by Mitchell Leisen. With Rod Serling, David Wayne, Thomas Gomez, Virginia Christine. A hypochondriac man sells his soul to the devil, exchanging it ...
     
  4. The Santa Clause 3: The Escape Clause (2006) - IMDb
    Directed by Michael Lembeck. With Tim Allen, Martin Short, Elizabeth Mitchell, Eric Lloyd. Santa, aka Scott Calvin, is faced with double-duty: how to keep his ...
     
  5. Escape Clause - Rotten Tomatoes
    Review: This suspenseful thriller originally aired on the Showtime cable network. Successful insurance executive Richard Ramsay has had a pretty good life...
     
  6. escape clause - Legal Dictionary - The Free Dictionary
    escape clause n. a provision in a contract which allows one of the parties to be relieved from (get out of) any obligation if a certain event occurs. Want to thank ...
     
  7. Escape clause Synonyms, Escape clause Antonyms | Thesaurus.com
    Synonyms for escape clause at Thesaurus.com with free online thesaurus, antonyms, and definitions. Dictionary and Word of the Day.
     
  8. The Santa Clause 3: The Escape Clause | Disney Movies
    Scott Calvin faces his most chilling challenge when rival Jack Frost tries to steal Christmas and put the holiday in a deep freeze!