Conditions and Contingencies in Agreements
Unit 4:
Conditions &
Contingencies
Condition
The agreement is binding
if
both parties execute it.
Condition
The agreement is binding
if
both parties execute it.
Alternatives for
if
?
Condition
The agreement is binding
if
both parties execute it.
provided / providing that
as / so long as
The agreement is non-binding
unless
both parties execute
it.
Contingency
Contingency
=
a future event that might cause problems
Contingency
The agreement shall be void
if
the distributor becomes
insolvent.
Contingency
The agreement shall be void
if
the distributor becomes
insolvent.
Alterntatives for
if
?
Contingency
The agreement shall be void
if
the distributor
in the event that
becomes insolvent.
Conditions & Contingencies
Condition:
The agreement is binding
if
both parties sign it.
Contigency:
The agreement shall be void
if
the distributor
becomes insolvent.
Condition or Contingency?
1. The contract can be renewed
if
the client is satisfied
with consultant’s performance.
Condition or Contingency?
1.
The contract can be renewed
if
the client is satisfied
with consultant’s performance.
Condition .
Substitutes for
if
?
Condition or Contingency?
1.
The contract can be renewed
if
the client is
provided / providing that
as /so long as
satisfied with consultant’s performance.
Condition or Contingency?
2.
The discount can be applied
if
the client
purchases more than 500 units.
Condition or Contingency?
2.
The discount can be applied
if
the client
purchases more than 500 units.
condition
Condition or Contingency?
2.
The discount can be applied
if
the client
provided / providing that
as / so long as
purchases more than 500 units.
Condition or Contingency?
2.
The discount can be applied
if
the client
purchases more than 500 units.
Negative condition
Condition or Contingency?
2.
The discount cannot be applied
______________
the
client purchases more than 500 units.
Condition or Contingency?
2.
The discount cannot be applied
unless
the client
purchases more than 500 units.
Condition or Contingency?
3. The manufacturer shall replace the goods
if
they are damaged on arrival.
Condition or Contingency?
3. The manufacturer shall replace the goods
if
they are damaged on arrival.
Contingency.
Condition or Contingency?
3. The manufacturer shall replace the goods
if
they are damaged on arrival.
in the event that
Condition & Contingencies:
nouns
The agreement is binding
if
both
parties
execute
it.
as/so long as /
provided that
The agreement is binding _________
its execution by both parties.
Condition &
Contingencies:nouns
The agreement is binding
if
both
parties
execute
it.
as /so long as /
provided that
The agreement is binding
subject to
its
execution
by both parties.
Condition &
Contingencies:nouns
The agreement shall be void
if
the distributor
in the event that
becomes insolvent
.
Condition & Contingencies:
nouns
The agreement shall be void
if
the distributor
in the event /case that
becomes insolvent
.
The agreement shall be void _____________ the
distributor’s
insolvency
Condition & Contingencies:
nouns
The agreement shall be void
if
the distributor
in the event/case that
becomes insolvent
.
The agreement shall be void
in the case of / in the event
of
the distributor’s
insolvency
Complete the sentences
1. _____________ the breach is not remedied in 14 days,
the Licensor is entitled to terminate the agreement.
Contingency or condition?
Complete the sentences
1. _____________ the breach is not remedied in 14 days,
the Licensor is entitled to terminate the agreement.
Contingency
Complete the sentences
1.
In the event /case that
the breach is not remedied in 14
days, the Licensor is entitled to terminate the agreement.
Complete the sentences
2. _____________ sales reach the level established
herunder, the contract may be renewed.
Contingency or condition?
Complete the sentences
2. _____________ sales reach the level established
herunder, the contract may be renewed.
Condition
Complete the sentences
2.
Provided that / As long as
sales reach the level
established herunder, the contract may be renewed.
Complete the sentences
3. ____________ the executive submits the appropiate
documents by the 15th of the month, he/she shall be
reimbursed the same month for any expenses incurred.
Contingency or condition?
Complete the sentences
3. ____________ the executive submits the appropiate
documents by the 15th of the month, he/she shall be
reimbursed the same month for any expenses incurred.
Condition
Complete the sentences
3.
Provided that / So long as
the executive submits the
appropiate documents by the 15th of the month, he/she
shall be reimbursed the same month for any expenses
incurred.
Complete the sentences
4. A penalty of 2% will be applied _____________ the late
arrival of the goods.
Contingency or condition?
Complete the sentences
4. A penalty of 2% will be applied _____________ the late
arrival of the goods.
Contingency
Complete the sentences
4. A penalty of 2% will be applied
in the case of
the late
arrival of the goods.
Complete the sentences
5. The meeting cannot be held _____________ there is a
quorum.
Contingency or condition?
Complete the sentences
5. The meeting cannot be held _____________ there is a
quorum.
Condition
Complete the sentences
5. The meeting cannot be held
unless
there is a quorum.
Complete the sentences
6. The packaging cannot be modified ____________ the
written consent of the Licensor.
Contingency or condition?
Complete the sentences
6. The packaging cannot be modified ____________ the
written consent of the Licensor.
Condition
Complete the sentences
6. The packaging cannot be modified
without
the written
consent of the Licensor.
Complete the sentences
7. The contract can be amended ___________ the approval
of both parties.
Condition
Complete the sentences
7. The contract can be amended
subject to / with
the
approval of both parties.
Conditions & Contingencies
Condition Contingency
+ verb
+ verb
provided / providing (that)
in the event that
so/as long as in the case that
- unless
+ noun +noun
subject to
in case of
with in the event of
without
Conditions and contingencies play crucial roles in agreements. Conditions determine the binding nature of an agreement, while contingencies cover potential future events that may impact the agreement's validity. These elements ensure clarity and protection for parties involved in contractual relationships.
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Presentation Transcript
Unit 4: Conditions & Contingencies
Condition The agreement is binding if both parties execute it.
Condition The agreement is binding if both parties execute it. Alternatives for if?
Condition The agreement is binding if both parties execute it. provided / providing that as / so long as The agreement is non-binding unless both parties execute it.
Contingency = a future event that might cause problems
Contingency The agreement shall be void if the distributor becomes insolvent.
Contingency The agreement shall be void if the distributor becomes insolvent. Alterntatives for if?
Contingency The agreement shall be void if the distributor in the event that becomes insolvent.
Conditions & Contingencies Condition: The agreement is binding if both parties sign it. Contigency: The agreement shall be void if the distributor becomes insolvent.
Condition or Contingency? 1. The contract can be renewed if the client is satisfied with consultant s performance.
Condition or Contingency? The contract can be renewed if the client is satisfied with consultant s performance. 1. Condition . Substitutes for if?
Condition or Contingency? The contract can be renewed if the client is 1. provided / providing that as /so long as satisfied with consultant s performance.
Condition or Contingency? The discount can be applied if the client 2. purchases more than 500 units.
Condition or Contingency? The discount can be applied if the client 2. purchases more than 500 units. condition
Condition or Contingency? The discount can be applied if the client 2. provided / providing that as / so long as purchases more than 500 units.
Condition or Contingency? The discount can be applied if the client 2. purchases more than 500 units. Negative condition
Condition or Contingency? The discount cannot be applied ______________the client purchases more than 500 units. 2.
Condition or Contingency? The discount cannot be applied unless the client purchases more than 500 units. 2.
Condition or Contingency? 3. The manufacturer shall replace the goods if they are damaged on arrival.
Condition or Contingency? 3. The manufacturer shall replace the goods if they are damaged on arrival. Contingency.
Condition or Contingency? 3. The manufacturer shall replace the goods if they are damaged on arrival. in the event that
Condition & Contingencies: nouns The agreement is binding if both parties execute it. as/so long as / provided that The agreement is binding _________ its execution by both parties.
Condition & Contingencies:nouns The agreement is binding if both parties execute it. as /so long as / provided that The agreement is binding subject to its execution by both parties.
Condition & Contingencies:nouns The agreement shall be void if the distributor in the event that becomes insolvent.
Condition & Contingencies: nouns The agreement shall be void if the distributor in the event /case that becomes insolvent. The agreement shall be void _____________ the distributor s insolvency
Condition & Contingencies: nouns The agreement shall be void if the distributor in the event/case that becomes insolvent. The agreement shall be void in the case of / in the event of the distributor s insolvency
Complete the sentences 1. _____________ the breach is not remedied in 14 days, the Licensor is entitled to terminate the agreement. Contingency or condition?
Complete the sentences 1. _____________ the breach is not remedied in 14 days, the Licensor is entitled to terminate the agreement. Contingency
Complete the sentences 1. In the event /case that the breach is not remedied in 14 days, the Licensor is entitled to terminate the agreement.
Complete the sentences 2. _____________ sales reach the level established herunder, the contract may be renewed. Contingency or condition?
Complete the sentences 2. _____________ sales reach the level established herunder, the contract may be renewed. Condition
Complete the sentences 2. Provided that / As long as sales reach the level established herunder, the contract may be renewed.
Complete the sentences 3. ____________ the executive submits the appropiate documents by the 15th of the month, he/she shall be reimbursed the same month for any expenses incurred. Contingency or condition?
Complete the sentences 3. ____________ the executive submits the appropiate documents by the 15th of the month, he/she shall be reimbursed the same month for any expenses incurred. Condition
Complete the sentences 3. Provided that / So long as the executive submits the appropiate documents by the 15th of the month, he/she shall be reimbursed the same month for any expenses incurred.
Complete the sentences 4. A penalty of 2% will be applied _____________ the late arrival of the goods. Contingency or condition?
Complete the sentences 4. A penalty of 2% will be applied _____________ the late arrival of the goods. Contingency
Complete the sentences 4. A penalty of 2% will be applied in the case of the late arrival of the goods.
Complete the sentences 5. The meeting cannot be held _____________ there is a quorum. Contingency or condition?
Complete the sentences 5. The meeting cannot be held _____________ there is a quorum. Condition
Complete the sentences 5. The meeting cannot be held unless there is a quorum.
Complete the sentences 6. The packaging cannot be modified ____________ the written consent of the Licensor. Contingency or condition?
Complete the sentences 6. The packaging cannot be modified ____________ the written consent of the Licensor. Condition
Complete the sentences 6. The packaging cannot be modified without the written consent of the Licensor.
Complete the sentences 7. The contract can be amended ___________ the approval of both parties. Condition
Complete the sentences 7. The contract can be amended subject to / with the approval of both parties.
Conditions & Contingencies Condition + verb provided / providing (that) so/as long as in the case that - unless Contingency + verb in the event that + noun subject to with without +noun in case of in the event of
