reinstatement clause JUST WRITTEN FOR YOU
/riːɪnstəmənt ˈkleɪz/ · re-in-sta-ment clause
noun
- A provision in a contract or agreement that allows for the restoration of a previously terminated or voided provision. The reinstatement clause in the contract ensured that the company could reinstate the employee's benefits if they were terminated unfairly.
- A clause in a contract or agreement that requires the restoration of a previously removed or invalidated provision. The reinstatement clause in the lease agreement required the landlord to reinstate the tenant's parking privileges if they were revoked without cause.
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Did you know? The concept of reinstatement clauses has been in use for centuries, with ancient civilizations using similar provisions in their contracts and agreements. Today, reinstatement clauses are a common feature in modern contracts and agreements, particularly in business and employment law.