Provision 286 of the Contract Law in China establishes a brand new system of the priority right to be repaid related with construction.

我国《合同法》第286条在建设工程合同领域确立了一项崭新的制度——建设工程承包人优先受偿权制度。

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A provision in a contract allowing a defaulting party to fix the cause of a default, for example a repayment grace period.

合同中允许违约方确定违约原因的条款，如还款缓期。

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Laws of a host country are applicable to BOT concession under definite provision, which, however, relates closely to the general principles of legal application in contract to practice.

BOT特许协议则通常明确规定适用东道国法律，但是这一实践与合同法律适用的一般原则却有着密切联系。

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Wells already has waived the no-trade provision in his contract to accept a potential move to New York, a second person familiar with the talks said, also on condition of anonymity.

NPR: Yanks On Verge Of Getting Vernon Wells From Angels