Definitions for "ESCAPE CLAUSE"
A clause that allows a tenant to cancel a lease in situations that would not necessarily justify lease cancellation.
A provision in maintenance-of-membership union contracts giving union members an "escape period" during which they may resign from membership. Members who do not resign must remain members for the duration of the contract. Journeyman - Workers in a traditional craft who have gone through an apprenticeship and mastered the type of work involved in the craft: qualified craftsman.
A clause in an SQL statement.
This allows the Vendors to issue notice to a conditional purchaser that unless that purchaser confirms the sale as unconditional within a short stipulated time, then the vendor can proceed with another offer from another party.