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escape clause
noun
: a part of a contract that allows a person to get out of the contract in a particular situation
Examples of escape clause in a Sentence
Recent Examples on the Web
However, the agreement intended to bind the A’s to Las Vegas provides the team with an unusual escape clause: If ever a tax is aimed at the A’s, the team can leave town without penalty.
—Bill Shaikin, Los Angeles Times, 24 May 2024
But there’s an escape clause written into the deal: Trump can seek a waiver of the lockup from the post-merger board.
—Michael Hiltzik, Los Angeles Times, 22 Mar. 2024
There was only one problem: The deal spanned 12 years and had no escape clause late in the term, according to a source.
—Jon Wilner | , oregonlive, 5 Aug. 2023
These private sales of SOL are a potential legal escape clause, as Bloomberg’s Matt Levine described them last week.
—Ben Weiss, Fortune Crypto, 13 June 2023
However, a 1996 law provides an escape clause that allows the Treasury Department to continue paying Social Security benefits, even if there is a delay in raising the debt ceiling.
—Alexis Christoforous, ABC News, 3 May 2023
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'escape clause.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Dictionary Entries Near escape clause
Cite this Entry
“Escape clause.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/escape%20clause. Accessed 4 Jul. 2024.
Legal Definition
escape clause
noun
: a clause in a contract that allows a party to avoid liability under the contract for specified reasons
especially
: a provision in an insurance policy that denies coverage when other insurance covers the risk
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