exclusion clause definition

exclusion clause

Provision in a contract under which one party's liability (that would arise by implication of law) is excused in the listed conditions, circumstances, or situations (called exclusions). See also exculpatory clause, exemption clause, and indemnity clause.

exclusion clause is in the Agreements & Contracts and Corporate, Commercial, & General Law subjects.

exclusion clause appears in the definitions of the following terms: exculpatory clause, exemption clause and indemnity clause

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