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Mar 5, 2024 · An escape clause is a clause in a contract which allows a party to break the contract without penalty under certain situations. Escape clauses are designed to prevent people from feeling like they are forced into complying with a contract when circumstances change.
A section of a contract allowing a participant to avoid a commitment if a specific instance arises. How to use "escape clause" in a sentence. The construction contract included an escape clause in case of natural disasters. Because of the escape clause, they could exit the agreement if sales declined.
a statement in a contract that allows you to break all or part of the contract under particular conditions. (Definition of escape clause from the Cambridge Business English Dictionary © Cambridge University Press) Examples of escape clause. escape clause.
