Condition

Search for glossary terms (regular expression allowed)
Begin with Contains Exact term
Term Definition
Condition

A clause that renders the operation and consequences of the A legally enforceable agreement, for example a lease or sale. Afrikaans - Kontrak

">contract as a whole dependent on an uncertain future event. A suspensive A clause that renders the operation and consequences of the contract as a whole dependent on an uncertain future event. A suspensive condition suspends the operation of the contract for a period of time, subject to the occurrence of a future event, and only if and when the condition has been fulfilled will an enforceable contract exist. In the case where a resolutive condition is stipulated, the contract is immediately binding and will remain binding unless the condition is not fulfilled. Afrikaans - Toestand

">condition
suspends the operation of the contract for a period of time, subject to the occurrence of a future event, and only if and when the condition has been fulfilled will an enforceable contract exist. In the case where a The contract is immediately binding and will remain binding unless the condition is not fulfilled.

">resolutive condition
is stipulated, the contract is immediately binding and will remain binding unless the condition is not fulfilled. Afrikaans - Toestand