CANCELLATION CLAUSE

CANCELLATION CLAUSE cancellation clause. A contractual provision allowing one or both parties to annul their obligations under certain conditions. ¡ª Also termed termination clause. [Cases: Contracts 217, 250. C.J.S. Contracts ¡ì¡ì 436¨C443, 446, 448¨C449, 462, 500¨C501.] What is the legal translation of CANCELLATION CLAUSE in Chinese?