Contractual Condition
/ˌkɒntrækʃuəl kənˈdɪʃən/
Definitions
- (n.) A provision in a contract that creates a futurity or a requirement which must be met for the contract or part of it to become enforceable or to continue in effect.
The contract included a contractual condition that the goods must be delivered by May 1st.
Forms
- contractual condition
- contractual conditions
Related terms
See also
Commentary
Contractual conditions must be clearly drafted to specify contingencies affecting contract obligations or enforceability.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.