- termination clause
- /ˌtɜ:mɪ'neɪʃ(ə)n klɔ:z/ nouna clause which explains how and when a contract can be terminated
Marketing dictionary in english. 2015.
termination clause
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Termination Clause — A section of a swap contract that describes what will happen if the contract is ended early or defaulted on. The termination clause can make the counterparty who is responsible for the default or termination event pay damages to the other… … Investment dictionary
termination clause — /ˌtɜ:mɪ neɪʃ(ə)n klɔ:z/ noun a clause which explains how and when a contract can be terminated … Dictionary of banking and finance
termination fee — USA Also known as a break fee or a termination fee. This term has a number of meanings. In the context of: • Mergers and acquisitions, a payment from the seller to the buyer if a merger or acquisition transaction is not completed as a result of… … Law dictionary
clause — (n.) early 13c., from O.Fr. clause, from M.L. clausa conclusion, from L. clausula the end, a closing, termination, also end of a sentence or a legal argument, from clausus, fem. pp. of claudere to close, to shut, to conclude (see CLOSE (Cf.… … Etymology dictionary
clause — [13] The etymological notion underlying clause is of ‘closing’ or ‘termination’. The word derives ultimately from Latin claudere (source of English close) and was originally applied either as a rhetorical term to the conclusion of a sentence, or… … The Hutchinson dictionary of word origins
clause — [13] The etymological notion underlying clause is of ‘closing’ or ‘termination’. The word derives ultimately from Latin claudere (source of English close) and was originally applied either as a rhetorical term to the conclusion of a sentence, or… … Word origins
Defensive termination — Licensing of patents … Wikipedia
Non-compete clause — Contract law Part … Wikipedia
ipso facto clause — n: a clause in an agreement stipulating the consequences (as termination of a lease or acceleration of a payment) of the insolvency of one of the parties – called also bankruptcy clause, ipso facto bankruptcy clause; ◇ An ipso facto clause is… … Law dictionary
change of control clause — A contractual provision which gives a party to an agreement enhanced protection if the controlling shareholding of the other party is transferred. In commercial contracts a change of control clause will often give the party who is not subject to… … Law dictionary
