unconditional promise

A promise that either is unqualified or requires nothing but the lapse of time to make the promise presently enforceable.

• A party who makes an unconditional promise must perform that promise even though the other party has not performed according to the bargain.

— Also termed independent promise. [Cases: Contracts 218. C.J.S. Contracts §§ 355, 358.]

双语律师Shifang，知名法学院法律专业，擅长翻译各类与企业改组和重组相关的法律文件。