execution clause

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Execution Clause

Definition:

The execution clause refers to a specific provision found in legal contracts or wills that outlines the actions to be taken in the event of a breach or non-compliance with the terms stated in the document.

Sample Sentences:

The execution clause in the contract specifies the penalties in case of late payment.
Without an execution clause in place, it becomes challenging to determine the appropriate course of action for resolving disputes.
Her will included an execution clause that detailed the distribution of assets after her demise.
It is essential to carefully draft an execution clause to ensure its enforceability in case of legal disputes.

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