conditions precedent clause

noun

  • Contract Law

Definitions of conditions precedent clause

  • a term in a contract or other legal document outlining any events or actions that must be completed before performance under a contract can become due or a right can become effective

    The conditions precedent clause set out the conditions to be fulfilled by a corporate borrower.

This is a limited preview — please sign in or subscribe to learn everything we know about the term “conditions precedent clause”.

Phrase Bank for conditions precedent clause