Category: Clause types

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Arbitrage clause

Definition An arbitration clause is a complex contractual provision that implements the basic principle of alternative dispute resolution by an ...

Force Majeure

Force Majeure

Force majeure is a legal term used in contracts to release the parties from their performance obligations if unforeseeable, extraordinary ...

Term clause

Term clause

A duration clause is a contractual provision that specifies the duration of a contract. It defines the period for which ...

Break-Up Fee

Break-Up Fee

A break-up fee, also known as a termination fee, is a contractual provision in mergers and acquisitions (M&A) that requires ...

Earn-Out

Earn-Out

An earn-out is a contractual clause in company sales or mergers that links part of the purchase price to the ...

Fiduciary Out

Fiduciary Out

A fiduciary out clause, often referred to simply as a "fiduciary out", is a contractual provision in mergers and acquisitions ...

No-shop clause

No-shop clause

A no-shop clause, also known as a no-shop provision or exclusivity clause, is a contractual provision often used in corporate ...

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