Estoppel Clause financial definition of Estoppel Clause

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Estoppel Clause

A clause in a contract stating that certain facts are true as of the date the contract is signed. For example, the estoppel clause may state the collateral or amount of a loan. It is put in a contract to eliminate any ambiguity.

Mentioned in ?

estoppel certificate

References in periodicals archive ?

Estoppel clauses - provisions that prohibit litigation under certain circumstances - are making their way into more and more proposed civil recovery legislation.