condition precedent
condition precedent, defined:
a timing relationship that links a contractual obligation to the occurrence of some preceding event. A condition precedent requires that an event must happen before an obligation to perform occurs.
condition precedent, 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 precedent:
On the long drive to the national park, Fergus promised his nephew, Sean, five dollars if he could sit still for twenty minutes. After the condition precedent was met, Sean had sat still for exactly twenty minutes, Fergus was obligated to pay.
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Clear-Point Law Dictionary
