K
A tenant's right to terminate the lease early if sales fall below a defined threshold for a defined period.
A kickout is a performance escape valve. The threshold, the measurement period, and the notice and wind-down requirements are each distinct negotiating points. Landlords frequently cap the exercise window to a single period mid-lease.
REAL
REAL extracts and structures this field from your documents so your team can act on it — no manual abstraction required.