concurrent condition

A condition that must occur or be performed at the same time as another condition, the performance by each party separately operating as a condition precedent; a condition that is mutually dependent on another, arising when the parties to a contract agree to exchange performances simultaneously.

— Also termed condition concurrent. [Cases: Contracts 225. C.J.S. Contracts § 362.]

---

词条贡献者

法律翻译Grace，知名法学院法律翻译专业，擅长翻译有关传媒、体育和娱乐领域的法律文件。