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BREAK CLAUSE
CONDITIONS
2017EXPERT ADVICE FOR
OCCUPIERS
Operating a break clause is not simply a case of submitting
a formal notice to terminate the lease in accordance with
the break clause requirements.
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What is break clause?
A break clause is a provision in a contract that allows either party to end the agreement before the end of its term.
Who is required to file break clause?
The party wishing to invoke the break clause is required to file it.
How to fill out break clause?
The break clause should be filled out in accordance with the terms and conditions outlined in the contract.
What is the purpose of break clause?
The purpose of a break clause is to provide flexibility for parties in a contract in case circumstances change.
What information must be reported on break clause?
The break clause should include details such as the party invoking it, the reasons for invoking it, and the deadline for doing so.
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