TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

break clause [2 records]

Record 1 2007-02-05

English

Subject field(s)
  • Commercial Law
  • Foreign Trade
DEF

Provision of a contract, whereby one or both parties are given the right to terminate it unilaterally.

CONT

Break clause - a clause that allows a tenant to end a lease at specific times during the period of the lease.

French

Domaine(s)
  • Droit commercial
  • Commerce extérieur
CONT

La condition résolutoire est particulièrement utilisée dans le domaine des baux. Il en est ainsi de la clause de résiliation de plein droit pour défaut du paiement de loyers qui est très souvent insérée dans un contrat de bail de locaux à usage commercial.

Spanish

Save record 1

Record 2 2001-11-06

English

Subject field(s)
  • Loans
  • Currency and Foreign Exchange
DEF

A Eurocurrency clause agreement stating that should certain events curtail a lender's activity or the operation of the Euromarkets, other designated actions (e.g., the substitution of another agreed rate of interest) will come into effect.

French

Domaine(s)
  • Prêts et emprunts
  • Politique monétaire et marché des changes

Spanish

Campo(s) temático(s)
  • Préstamos
  • Política monetaria y mercado de cambios
Save record 2

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