====== Condition ======

[[public:99_annexes:annex-b-terms-and-definitions:start|Go up to Terms and Definitions]]

===== Discussion =====

A Condition identifies a circumstance upon which the applicability, effect, performance, continuation, or consequence of something depends.

A Condition may concern:

  * The occurrence or non-occurrence of an event
  * The existence or absence of a state
  * The satisfaction or non-satisfaction of a criterion
  * The performance or non-performance of an action
  * The beginning, continuation, suspension, or ending of a period

A Condition may apply to an [[public:99_annexes:annex-b-terms-and-definitions:a:agreement|Agreement]], Agreement Term, [[public:99_annexes:annex-b-terms-and-definitions:r:right|Right]], [[public:99_annexes:annex-b-terms-and-definitions:o:obligation|Obligation]], [[public:99_annexes:annex-b-terms-and-definitions:p:permission|Permission]], Prohibition, process, state transition, or another governed concept.

===== Definition =====

>//circumstance upon which the applicability, effect, performance, continuation, or consequence of something depends//

===== Source =====

Adapted from:

  * [[https://spec.edmcouncil.org/fibo/ontology/FND/Agreements/Contracts/ConditionPrecedent|Financial Industry Business Ontology, Foundations, Contracts Ontology, Condition Precedent]]
  * [[https://www.w3.org/TR/odrl-vocab/#term-Constraint|W3C ODRL Vocabulary and Expression 2.2, Constraint]]

===== Note =====

  * A Condition identifies a dependency rather than an action or outcome
  * A Condition may be satisfied, unsatisfied, indeterminate, waived, or no longer applicable
  * A Condition may depend upon an event, state, date, period, value, action, or determination
  * A Condition may have an Effective Period
  * A Condition Precedent must be satisfied before a specified provision, Right, Obligation, Permission, or other effect becomes applicable
  * A Condition Subsequent may modify or terminate an effect after the Condition occurs
  * A Condition is distinct from an Obligation because a Condition does not necessarily require a Party to perform an action
  * A Condition is distinct from a constraint because a Condition establishes a dependency while a constraint limits permitted values, relationships, or behavior
  * A Condition is distinct from a lifecycle state because a Condition may coexist with a lifecycle state and may affect a transition between states
  * Recording a Condition as satisfied does not, by itself, constitute a legal or regulatory determination

===== Example =====

An Agreement permits a Party to disclose confidential information when applicable law requires the disclosure.

The existence of the applicable legal requirement is a Condition governing the Permission. The Permission applies only while the Condition is satisfied.

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