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The Break From Loop action controls flow in the macro. It allows you to cancel execution of the current loop, and continue execution after the loop.
Available options are:
Cancel All Macros
Cancel All Other Macros
Cancel This Macro
Cancel Just This Macro
Exit From Loop
This is also available as 4 other actions with the action already selected:
Cancel All Macros: Cancel all macros that Keyboard Maestro Engine is currently executing.
Cancel All Other Macros: Cancel all macros except this macro and any macros that executed this macro.
Cancel Just This Macro: Cancel just this macro, continue executing the macro that executed this macro.
Cancel This Macro: Cancel this macro and any macros that executed this macro.
Whichever action you choose you can still select one of the others from the pop-up.