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escape clause

   Also found in: Dictionary/thesaurus, Legal, Wikipedia 0.01 sec.
escape clause

A clause that allows one party or the other to cancel a contract without penalty upon the happening of certain described events or conditions.The most common ones in real estate are the ability to cancel a purchase contract if the buyer cannot secure acceptable financing or if the buyer cannot sell his or her own home.



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I honestly believe the directive from (referees' boss) Keith Hackett about two-footed tackles has to be stronger because, as long as the referees have the yellow card option, they have an escape clause.
5million for the big defender during the 1996-97 season, knowing that any offer of that size would trigger Bilic's escape clause.
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).
 
 
 
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