dependent promise
A promise to be performed by a party only when another obligation has first been performed by another party. [Cases: Contracts 173, 278(1). C.J.S. Contracts §§ 361, 475, 503–505, 510–512.]
A promise to be performed by a party only when another obligation has first been performed by another party. [Cases: Contracts 173, 278(1). C.J.S. Contracts §§ 361, 475, 503–505, 510–512.]