stop clause

American  

noun

1. a clause by which a contract or other agreement may be terminated, especially between theatrical producers and theater owners in whose agreements it is often stipulated that when weekly receipts fall below a certain minimum usually for two consecutive weeks, the production must vacate the theater.

---

Example Sentences

The show brought in $818,904 in its first full week after opening, which was below its stop clause.

From New York Times • Dec. 9, 2019

The Shubert Organization notified “Beetlejuice” in June — after the Tony Awards — that it had hit the stop clause.

From New York Times • Dec. 9, 2019

“To give an Author to a text,” he writes, “is to impose upon that text a stop clause, to furnish it with a final signification, to close the writing.”

From Salon • Jun. 11, 2017