Exchange Currency

let-out clause

nouna clause which allows someone to avoid doing something in a contract ExampleHe added a let-out clause to the effect that the payments would be revised if the exchange rate fell by more than 5 per cent.

Related information about let-out clause:
  1. Definition of let-out clause
    let-out clause definition and meaning by Oxford University Press.
     
  2. What is let-out clause? definition and meaning
    Definition of let-out clause: nouna clause which allows someone to avoid doing something in a contract ExampleHe added a let-out clause to the effect that the ...
     
  3. let-out noun - Oxford Advanced Learner's Dictionary
    Good—we have a let-out now.a let-out clause (= in a contract). Oxford University Press ©2011. Dictionary search for your site • English Language Teaching ...
     
  4. let-outs - definition of let-outs by the Free Online Dictionary ...
    B. CPD let-out clause N → cláusula f que incluye una escapatoria. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site ...
     
  5. The Agreement for Sale, Promesse and Compromis de Vente
    If the answer is "yes", there will be a "let out" clause which benefits the purchaser if later he doesn't obtain the loan.It is wise to write down precisely the details ...
     
  6. Buying and Selling Property in France
    If the answer is yes, there will be a let out clause which benefits the purchaser if later he does not obtain the loan. It is wise to write down precisely some details ...
     
  7. The Property Buying Process | Belgium
    In theory, therefore, there is no let-out clause. However, it is possible to have a suspensive clause in the contract that makes it conditional on the buyer being ...
     
  8. Mormon Discussions • View topic - The NOMs Come Out at Night
    Looking back, I see that Droopy allowed himself a let-out clause in his dare: Quote: ... if you actually think I'm an "intellectual lightweight," pick a ...