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Cancellation Clause |
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Cancellation ClauseA clause in a lease or other contract, setting forth the conditions under which each party may cancel or terminate the agreement. The conditions may be as simple as giving notice or complex and require payment by the party desiring to cancel.Cancellation Clause Similar MatchesDebt cancellationDebt cancellationThe most extreme form of debt relief, in which a country's debts are completely forgiven, so that no repayment of interest or principal is required. Cancellation priceCancellation priceThe lowest possible bid price of units in a unit trust under FSA regulations which is usually lower than the quoted bid price. The cancellation price may be applied in the event of heavy selling. Cancellation periodCancellation periodIn financial services, the period after signing a contract during which customers are entitled to cancel their purchase of some financial products. |
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