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LSDefine

Simple English definitions for legal terms

cancellation clause

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A quick definition of cancellation clause:

A cancellation clause is a part of a contract that allows one or both parties to end their obligations under certain conditions. It is also called a termination clause. This means that if certain circumstances arise, the contract can be cancelled or terminated. In the past, "cancellatura" referred to lines drawn on a will to show that it was revoked, and "cancelli" referred to the rails or latticework enclosing the bar of a court.

A more thorough explanation:

A cancellation clause is a part of a contract that allows one or both parties to cancel their obligations under certain conditions. It is also known as a termination clause.

For example, a cancellation clause may allow a buyer to cancel a purchase agreement if the seller fails to deliver the goods on time. Or, it may allow a landlord to cancel a lease agreement if the tenant fails to pay rent for a certain number of months.

These examples illustrate how a cancellation clause can protect the interests of both parties in a contract. It gives them the flexibility to end the agreement if certain conditions are not met, without having to go through a lengthy legal process.

cancellarius | C & F

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THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
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