price clause
21Romalpa clause — a clause in a contract modelled on the clause that was upheld in the English Court of Appeal in the case Aluminium Industrie Vassen BV v . Romalpa Aluminium [1976] 1 WLR 676. There are two main elements: (2) (1) retention of title. Because of the …
22De-Escalation Clause — An article in a contract that calls for a price decrease if there is a decrease in certain costs. For example, a de escalation clause may stipulate that maintenance fees will be reduced if the item being maintained depreciates in value. A de… …
23QC clause — In insurance law, a QC clause is a clause in an insurance policy (usually but not exclusively a professional indemnity insurance policy) that provides that an action against the insured is not to be contested unless a Queen s Counsel (or QC)… …
24Nuclear exclusion clause — The nuclear exclusion clause is a clause which excludes damage caused by nuclear and radiation accidents from regular insurance policies of, for example, home owners. Example: Notwithstanding anything to the contrary herein, it is hereby… …
25market disruption clause — European Union A clause in a facility agreement (or certain other debt documentation) which allows the lenders, in certain circumstances, to calculate interest on a different basis to that on which it is normally calculated. Usually, the clause… …
26stabilization clause — USA A clause often included in a host government agreement (HGA) or other international investment agreement that addresses how changes in law following the execution of the HGA are to be treated and the extent to which these changes modify the… …
27most favored nation clause — + Most Favored Nations Provision (MFN) USA This term has a number of meanings. In the context of: • Finance, business jargon for the concept that the first party will be entitled to at least as favorable terms as a second party in specified… …
28No-Shop Clause — A clause in an agreement between a seller and a potential buyer that bars the seller from soliciting a purchase proposal from any other party. In other words, the seller cannot shop the business or asset around once a letter of intent or… …
29pre-emption clause — a clause usually found in the articles of private companies designed to restrict the opportunities of shares being sold outside a prescribed group of people. Essentially, the clause provides that no shares are to be transferred to any person who… …
30Escalator clause — An escalator clause is a clause in a lease or contract that guarantees a change in the agreement price once a particular factor beyond control of either party affecting the value has been determined.Escalator clauses are quite common in… …
