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单词 reversion clause
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reversion clause
reversion clause n. a contractual clause allowing for the reversion of rights under certain conditions.
ΚΠ
1844 C. Davidson Martin's Pract. Conveyancing I. ii. vi. 344 It has become a common practice to omit the reversion clause, and that practice has accordingly been adopted in the latter volumes of these precedents.
1933 P. Godfrey Back-stage vi. 74 He should have a reversion clause in his contract, so that if in any year his play is not performed a certain number of times the rights will revert to him.
1998 B. Bunnin Writer's Legal Compan. xiii. 276 Do your best to negotiate a termination and reversion clause that permits you and those who built the multimedia product with you to continue working together.
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