A 'conditional-term' refers to a word, phrase, or clause within a statement or contract that establishes a condition or prerequisite which must be met for a specific action, obligation, or outcome to be valid or take effect. Essentially, it introduces a 'if...then' relationship. The presence of the condition influences the fulfillment of the main clause and defines the circumstances under which a specific provision becomes active or inactive. The condition acts as a constraint or a qualifier to the main point of the sentence or contract, providing more specific instructions or information.
Conditional-term meaning with examples
- The contract stated, 'If the goods are delivered by the specified date, then payment will be issued within 30 days.' Here, the timely delivery of the goods is the conditional-term. Payment is contingent upon the fulfillment of that condition. The sentence sets a specific rule for payment.
- In the lease agreement, 'The tenant can sublet the property *if* they obtain written consent from the landlord.' The need to secure the landlord's consent is the conditional-term. Subletting can happen, but depends on approval. The terms must be met for the rule to come into action.
- 'The promotion is valid *provided* that the customer purchases at least $50 worth of merchandise.' Here, the purchase of a certain value becomes the conditional-term. The application of a promotion becomes a result of having met that requirement. The scenario requires the customer's action.
- The insurance policy outlined: 'Coverage is active *unless* the damage resulted from a pre-existing condition.' The exclusion of pre-existing conditions is a conditional-term. Certain events disqualify coverage. It specifies what excludes coverage from the policy.
- The job offer included, 'The employment offer is contingent upon the successful completion of a background check.' The passing of a background check becomes a conditional-term. Employment is conditional on this. If the condition is not met, then employment will be unavailable.