termination moratorium

Quelle: https://www.investopedia.com/terms/t/termination-clause.asp

A contractual provision that prevents or heavily restricts terminating the contract for a specified period or under defined conditions. It provides a moratorium on termination to protect parties from sudden or impending dissolution of the agreement.

Related Terms

You might also be interested in these terms

total termination

The total termination refers to the complete end of all contractual relationships with a party, i.e., the end of all existing contracts, not merely th...

Learn more

termination clause

A termination clause is a contractual provision that specifies the conditions and notice periods under which a contract may be terminated by one or bo...

Learn more

partial termination

Partial termination is the unilateral termination of part of a contract or of a subset of its obligations, while the remainder of the contract remains...

Learn more

form of termination

The form of termination refers to the required format or method for giving notice of termination of a contract, especially in logistics/transport, inc...

Learn more

termination for cause

A termination for cause is the extraordinary termination of an employment relationship by one of the parties because continuing the employment would b...

Learn more

Termination of transit

The termination of transit refers to the completion of a transit procedure in which goods are released from the transit arrangement at the end point, ...

Learn more

⚖️ ICC Incoterms 2020

Incoterms 2020 Simulator: Who bears costs & risk?

Analyze all 11 Incoterms 2020: cost matrix, risk timeline, insurance gap detector and customs responsibility – free, no login required.

Incoterms Simulator →