escape clause


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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.

References in periodicals archive ?
If there is NO 'escape clause' and parliament passes the 'Agreement' the UK would be locked into a perpetual legal arrangement with the EU, unless released by mutual agreement, which is highly unlikely the way the EU acts.
Sweet Sounds, two from two last season and third in the Naas race in which Escape Clause finished second on her reappearance last month, represents Ger Lyons, while Joseph O'Brien is two-handed with Eagle Spirit and Remember The Days.
ROONEY could still leave Manchester United as early as next summer after insisting on an ESCAPE CLAUSE in his new contract.
It stinks, Aiden, especially if your wee "victory" encourages other ignorant road piggies to crawl out of their motorised styes to try to find a legal escape clause. As for the smug lawyers who help them avoid justice, it is to be hoped no one they care about ever gets mown down by some clown driving too fast in a car.
It was established just over a week ago that an escape clause in Capello's four-year contract with the FA was scrapped at the Italian's request.
The in-demand Danish defender, 19, has an pounds 11m escape clause in his contract at Italian side Palermo that will allow him to talk to clubs during a set four week period in the summer.
NOVIEMBRE 20 -- Sale a la venta el DVD "Santa Clause 3: The Escape Clause", en la que Scott Calvin --un empresario que se quedo con el puesto de Santa Claus por equivocacion- se ve enfrentado al frio y solapado Jack Frost.
Tim Allen returns as the man who has to juggle his family life with his secret role as Father Christmas in Santa Clause 3: The Escape Clause (U).
Do you like me?" but subtlety allows you an escape clause in case he isn't ready to announce that his feelings are mutual.
However, ministers also sought additional flexibility for trickier cases by ordering an "escape clause (for where) it is clear from all the circumstances ...
Not unlike the shiny snow globe at its center, "The Santa Clause 3: The Escape Clause" is a thing of consummate craftsmanship, a smoothly engineered and fundamentally lifeless object that's nevertheless capable of giving even the grinchiest moviegoers a brief attack of the warm-and-fuzzies.
Tim Allen is back as the hero dad who transforms into Father Christmas in Santa Clause 3: The Escape Clause.