exit clause

English

Noun

exit clause (plural exit clauses)

  1. (law) A provision in a legal document or lease allowing a signatory or lessee to terminate the contract legally and usually without penalty under certain circumstances.
    • 2018 November 8, Heather Stewart, Daniel Boffey, “Tory Brexiters planning to reject deal even with backstop exit clause”, in The Guardian‎:
      Eurosceptic Conservative MPs will still vote down the government’s Brexit deal even if Theresa May negotiates an exit clause from the Irish backstop, the former minister Steve Baker has insisted.
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