Definition of let-out clause in English:

let-out clause

noun

informal
  • 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.’
    • ‘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.’
    • ‘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.’
    means of avoidance, means of evasion, means of escape, escape clause, escape route
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