ONTOLOGY EXPLORER
condition precedent
<https://spec.edmcouncil.org/fibo/ontology/FND/Agreements/Contracts/ConditionPrecedent>
プロパティと値
| プロパティ | 値 |
|---|---|
| type | Class |
| label | "condition precedent" |
| subClassOf | ContractualElement |
| subClassOf | _:c14n1746 |
| definition | "stipulation that specifies conditions that must be met before some aspect of a contract takes effect" |
| explanatoryNote | "Condition precedents are common in wills and trusts. They include events or states of affairs that act as triggers for the contract to come into effect, such as a beneficiary reaching the age of maturity, or death of a trustor, as well as define obligations on a party to the contract, such as those required of a trustee on the death of a trustor." |
| explanatoryNote | "There may also be condition precedents in the ongoing life of a contract, which state that if condition X occurs, event Y will then occur. Condition X is the condition precedent." |