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Subjects: pre-condition or performance condition, does it matter?
Briefing
27 May 2022
2 MIN READ
3 AUTHORS
In commodities trading, it is quite common to find an agreement expressed as being “subject to” something. Notable examples include “subject to contract” and “subject to obtaining a licence”. In this briefing, we consider what these terms mean and what effect they have on the parties, their relationship and their obligations.
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