condition concurrent
condition concurrent, defined:
the timing of performance under the terms of the contract whereby two events must occur simultaneously.
condition concurrent, as it might be used:
The medical group contends that the contractual inhibition upon the private practice of medicine operates as a condition precedent or condition concurrent upon the right of the physician employee to receive his salary.
An example of condition concurrent:
Fiona and Fergus have agreed that so long as Fergus does not spend his Sunday's watching football on the television, she will continue to do his laundry. This is a condition concurrent.
|
|
|
Clear-Point Law Dictionary
