condition subsequent

Definition of "condition subsequent"
  1. An event that, if it occurs, ends or changes an existing agreement or removes an existing obligation
How to use "condition subsequent" in a sentence
  1. The contract was voided when the condition subsequent of the buyer securing funding wasn't met.
  2. The lease contained a condition subsequent that if the tenant was not able to maintain steady employment, the landlord could terminate the agreement.
  3. The merger agreement had a condition subsequent clause that required regulatory approval.

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