break clause
B2CEFR level
60/100Rarity: rare
TechnicalRegister
Law phrase
A lease provision allowing a party to terminate the lease before the end of the term on a specified date.
The tenant exercised the break clause on the fifth anniversary, giving the required six months' notice.
Business noun
A lease provision allowing either party to end the term early on a specified date.
The occupier exercised its break clause at year five once it outgrew the floorplate.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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