conditions concurrent

conditions concurrent
In contract law, conditions which must be performed by each party simultaneously; e.g. in a cash sale, payment for the goods and delivery are conditions concurrent.

Black's law dictionary. . 1990.

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  • conditions concurrent — In contract law, conditions which must be performed by each party simultaneously; e.g. in a cash sale, payment for the goods and delivery are conditions concurrent. See also concurrent conditions …   Black's law dictionary

  • concurrent conditions — Conditions which must occur or be performed at the same time; they are mutually dependent. No obligations arise until these conditions are simultaneously performed. When each party to a transaction is subject to mutual conditions precedent, these …   Black's law dictionary

  • concurrent conditions — Conditions which must occur or be performed at the same time; they are mutually dependent. No obligations arise until these conditions are simultaneously performed. When each party to a transaction is subject to mutual conditions precedent, these …   Black's law dictionary

  • concurrent stipulations — See concurrent conditions; concurrent covenants, concurrent promises …   Ballentine's law dictionary

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  • concurrent — UK US /kənˈkʌrənt/ adjective ► happening or existing at the same time as something else: »Delivery of the goods and payment of the price are concurrent conditions, and must therefore occur at the same time. concurrent with sth »Competitions for… …   Financial and business terms

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