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conditional contract

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Noun1.conditional contract - a contract whose performance depends on a fact or event that affects legal relations
contract - a binding agreement between two or more persons that is enforceable by law


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An NHS Grampian spokesman said 130 newly qualified nurses had been given conditional contracts this year, subject to availability of places.
A conditional contract can be useful in this situation and could be exchanged on the basis that completion will not be affected until covenant consent to the construction of the new property had been obtained by the buyer.
The company has entered into a conditional contract to purchase Sunderland-based Edensure for pounds 220,000, with completion due by late October.
 
 
 
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