Definition of let-out clause in English:

let-out clause


  • A clause specifying a circumstance in which the terms of an agreement or contract shall not apply.

    • ‘There's no rounded definition on how we will reduce tariffs, and then they have the let-out clause which Australia in particular will be damaged by.’
    • ‘I see no value at all in reopening the question whether Mr Sage was telling the solicitors in 1985-6 that the 1975 agreement had binding effect subject to the let-out clause.’
    • ‘The tribunal had a let-out clause that would have saved North and West's commissioning from competition law even when defined as economic activity.’
    means of avoidance, means of evasion, means of escape, escape clause, escape route
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