precedent condition
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precedent condition — noun : condition precedent … Useful english dictionary
precedent condition — Such as must happen or be performed before an estate can vest or be enlarged. See condition … Black's law dictionary
condition — con·di·tion 1 n 1: an uncertain future act or event whose occurrence or nonoccurrence determines the rights or obligations of a party under a legal instrument and esp. a contract; also: a clause in the instrument describing the act or event and… … Law dictionary
condition precedent — see condition Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. condition precedent … Law dictionary
condition — Verb: To put in shape, as a horse for a race, a pugilist for a match. Noun: A provision in a contract creating no right or duty of and in itself but merely limiting or modifying rights and duties under the contract. 17 Am J2d Contr § 320; a… … Ballentine's law dictionary
precedent — pre·ce·dent 1 /pri sēd ənt, pre səd / adj [Middle French, from Latin praecedent praecedens, present participle of praecedere to go ahead of, come before]: prior in time, order, arrangement, or significance see also condition precedent at… … Law dictionary
condition precedent — conˈdition ˌprecedent noun [countable] LAW a condition in a contract that will only come into force once something stated in the contract happens or becomes true: • The continuing existence of the lease was not a condition precedent to the right… … Financial and business terms
Condition subsequent — refers to an event or state of affairs that brings an end to something else. A condition subsequent is often used in a legal context as a marker bringing an end to one s legal rights or duties. A condition subsequent may be either an event or a… … Wikipedia
Condition precedent — refers to an event or state of affairs that is required before something else will occur. In contract law a condition precedent is an event which must occur, unless its non occurrence is excused, before performance under a contract becomes due, i … Wikipedia
precedent — pre‧ce‧dent [ˈpresdnt] noun [countable] LAW an official action or decision which can be used later to support another legal decision: • The injunction on imports could set a precedent for other patent infringement cases. • Solicitors are aiming … Financial and business terms
