Terminate: Difference between revisions

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(Created page with "To declare a contract at an end as a result of a fundamental breach by the other person, with the mind to sue the naughty fellow for damages. ===Compare=== *rescind")
 
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To declare a contract at an end as a result of a fundamental breach by the other person, with the mind to sue the naughty fellow for [[damages]].
May be:
 
*'''Nice''': To [[unwind]] a [[transaction]] by consent before its [[scheduled maturity]], subject to mutually agreed [[breakage costs]];
===Compare===
*'''Nasty''' (also known as “[[early termination]]”): To unilaterally declare a contract at an end as a result of a fundamental breach by the other person, with the mind to sue the naughty fellow for [[damages]].
*[[rescind]]
{{sa}}
*[[Rescind]]
*[[Unwind]]