kickout clause

kickout clause. A contractual provision allowing a party to end or modify the contract if a specified event occurs (under the kickout clause, the company could refuse to sell the land if it were unable to complete its acquisition of the new headquarters).

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词条贡献者

译者Jeffrey，毕业于国内一流的高级翻译学院，擅长翻译各种与首次公开发行/其他股权或债务发行相关的法律文件。