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1. Dictionary

   Es·cape clause

   /əˈskeɪp/

   

   noun

   • 1. a clause in a contract that specifies the conditions under which one party can be freed from an obligation.

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2. People also ask

   What is an escape clause in a contract?

   • So, the next time you encounter an escape clause in a contract, remember its significance – From real estate transactions to everyday purchases, these provisions offer a safety net in an uncertain world, allowing us to navigate the twists and turns of life with greater confidence and peace of mind.

   Contractual Lifelines: Understanding Escape Clauses

   www.thebalancedbarrister.com/post/contractual-lifelines-understanding-escape-clauses

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   What is an escape clause in an insurance policy?

   • This error provided the escape clause for the state when the costs and political infighting escalated. Furthermore, the insurance policy contained an escape clause that eliminated coverage for damages due to riot or rebellion. He then activates an escape clause that is supposed to return his mind to his original body.

   ESCAPE CLAUSE | English meaning - Cambridge Dictionary

   dictionary.cambridge.org/dictionary/english/escape-clause

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   What are escape clauses & why are they important?

   • One can also know them as contingency clauses or termination clauses, they are a sort of emergency exit in the world of legal obligations. Escape clauses are important in that they acknowledge a reality in which life is unpredictable and in which business landscapes are ever-changing.

   Contractual Lifelines: Understanding Escape Clauses

   www.thebalancedbarrister.com/post/contractual-lifelines-understanding-escape-clauses

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   Do escape clauses apply in UK law?

   • However, its application in domestic UK law is seen in the principles of national sovereignty and the supremacy of parliamentary legislation. A good example of a case in which these escape clauses are applicable is the COVID-19 pandemic. Numerous escape clauses were introduced across various contexts.

   Contractual Lifelines: Understanding Escape Clauses

   www.thebalancedbarrister.com/post/contractual-lifelines-understanding-escape-clauses

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3. www.merriam-webster.com › dictionary › escape clauseEscape clause Definition & Meaning - Merriam-Webster

   www.merriam-webster.com › dictionary › escape clause

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   Mar 22, 2024 · Learn the meaning of escape clause, a part of a contract that allows a person to get out of the contract in a particular situation. See examples of escape clause in sentences and related words.

4. www.thebalancedbarrister.com › post › contractualContractual Lifelines: Understanding Escape Clauses

   www.thebalancedbarrister.com › post › contractual

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   Feb 22, 2024 · What exactly are escape clauses? They are provisions within contracts that allow one or both parties to terminate the agreement under specific contained in the contract circumstances without facing penalties. In other words, they are a part of a contract that lets one person off the hook if certain things happen.

5. dictionary.justia.com › escape-clauseescape clause Definition, Meaning & Usage | Justia Legal ...

   dictionary.justia.com › escape-clause

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   An escape clause is a section of a contract that allows a party to terminate or modify the agreement under certain conditions. Learn how to use this term in a sentence and browse other legal terms in the dictionary.

6. dictionary.cambridge.org › english › escape-clauseESCAPE CLAUSE | English meaning - Cambridge Dictionary

   dictionary.cambridge.org › english › escape-clause

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   An escape clause is a statement in a contract that allows you to break all or part of the contract under particular conditions. Learn more about the meaning, usage and pronunciation of this term with examples from various sources.

7. www.law.cornell.edu › wex › escape_clauseescape clause | Wex | US Law | LII / Legal Information Institute

   www.law.cornell.edu › wex › escape_clause

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   An escape clause is a contractual provision that allows one party to avoid performance or liability under certain conditions. Learn about the types and purposes of escape clauses, such as the other insurance clause, and see how they apply to insurance policies.

8. www.upcounsel.com › escape-clause-exampleEscape Clause Example | UpCounsel 2024

   www.upcounsel.com › escape-clause-example

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   Jan 1, 2024 · What Is an Escape Clause? In terms of labor laws, escape clauses are provisions included in member union contracts that allow members to exploit an "escape period," which is a period of time in which they may choose to leave the union without repercussions.

9. legal-dictionary.thefreedictionary.com › escape+clauseEscape clause legal definition of escape clause

   legal-dictionary.thefreedictionary.com › escape+clause

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   An escape clause is a provision in a contract that allows one party to get out of an obligation if a certain event occurs. Learn more about the meaning, examples and usage of this term in law.