Project Finance Conditions Precedent For Loan Agreement
Publisher one
Genie AIJurisdiction
England and WalesCost
Free to useRelevant sectors
Type of legal document
🧾 Conditions precedentBusiness activity
Finance a projectA condition precedent is a requirement that must be met before a contract becomes legally binding. For example, a contract might state that "this agreement shall not be binding until both parties have signed it." If one party does not sign the contract, then the contract is not legally binding and either party can back out of the agreement.
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