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BREAK CLAUSES BRIEFING NOTE INTRODUCTION Businesses need to continually adjust their Corporate Real Estate (CRE) to reflect changes within the business environment and hence to their business. It
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A break clauses briefing note is a document that outlines the terms and conditions regarding the break clause in a contract or agreement.
The party or parties involved in the contract or agreement with a break clause are required to file the break clauses briefing note.
The break clauses briefing note can be filled out by providing all relevant information and details regarding the break clause, as specified in the document.
The purpose of a break clauses briefing note is to ensure that all parties involved are aware of the terms and conditions of the break clause and to facilitate a smooth process in case the break clause is exercised.
The break clauses briefing note must include details such as the specific conditions under which the break clause can be invoked, the notice period required, and any other relevant terms and conditions pertaining to the break clause.
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