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Terms for subject General containing condition precedent | all forms | exact matches only | in specified order only
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condition precedentпредварительное условие (Condition precedent (CP) 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.e., before any contractual duty arises. For instance, in the sentence "Jack will only go to heaven after he has died," the death of Jack is a condition precedent to Jack going to heaven (although it is also possible in this example for the occurrence of other conditions precedent to be needed before Jack goes to heaven: it is not stated that Jack will necessarily go to heaven if he dies). In estate and trust law, it is a provision in a will or trust that prevents the vesting of a gift or bequest until something occurs or fails to occur, e.g. the attainment of a certain age or the predecease of another person. For comparison, a condition subsequent brings a duty to an end whereas a condition precedent initiates a duty. WK Alexander Demidov)
condition precedentобстоятельство, при наступлении которого (Condition precedent (CP) 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.e., before any contractual duty arises (WAD) Alexander Demidov)
condition precedent to the execution and performanceпредварительное условие заключения и исполнения (договора и т.п.: As a condition precedent to the execution and performance of this Licence, the Licensee (and/or any of its Affiliates, if applicable, the Licensee and its Affiliates ... Alexander Demidov)
precedent conditionsпредварительные условия
regulatory condition precedentПредварительное условие о получении разрешительных документов (4uzhoj)