ONTOLOGY EXPLORER
termination provision
<https://spec.edmcouncil.org/fibo/ontology/FND/Agreements/Contracts/TerminationProvision>
プロパティと値
| プロパティ | 値 |
|---|---|
| type | Class |
| label | "termination provision"@en |
| subClassOf | ContractualCommitment |
| definition | "contractual element that specifies the circumstances under which the parties can dissolve their legal relationship and discontinue the fulfillment of their obligations under the contract"@en |
| explanatoryNote | "Common reasons for termination include mutual consent, certain notices, breach or failure of a precedent or condition, insolvency, change in control, the occurrence of certain events, and court orders that prohibit continuation of the contract. Termination provisions may include whether they are mutual or unilateral, and may include rights with respect to any cure." |