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Condition precedent

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Definitions Edit

Contract law Edit

A condition precedent is an event which must occur, unless its non-occurrence is excused, before performance under a contract becomes due, i.e., before any contractual duty arises.

General Edit

Condition precedent is

A contractual condition that suspends the coming into effect of a contract unless or until a certain event takes place.[1]

References Edit

  1. The Scottish Government, Scottish Capital Investment Manual, Glossary (full-text).

See also Edit

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