conditional delivery

The delivery of an instrument for the payment of money, such as a promissory note, on a condition, such condition being binding as between the immediate parties and as regards a remote party other than a holder in due course, even though the condition is an oral one, if it is a condition precedent. 11 Am J2d B & N § 279; the delivery of a deed on a condition of effectiveness, such as one that the instrument is not effective until it has been signed by all grantors. 23 Am J2d Deeds § 84; the delivery of an insurance policy to the insured upon some condition affecting the commencement of the risk, such as the condition that the policy shall not take effect until the insurer has approved and accepted the risk. 29 Am J Rev ed Ins § 217.

Ballentine's law dictionary. . 1998.

Look at other dictionaries:

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  • delivery — de·liv·ery n pl er·ies: an act that shows a transferor s intent to make a transfer of property (as a gift); esp: the transfer of possession or exclusive control of property to another actual delivery: a delivery (as by hand or shipment) of actual …   Law dictionary

  • conditional — I adjective alterable, changeable, conditioned, containing stipulations, contingent on, dependent on, depending on, depending on a future event, determined by, equivocal, granted on certain terms, hypothetical, imposing a condition, indefinite,… …   Law dictionary

  • delivery — The act by which the res or substance thereof is placed within the actual or constructive possession or control of another. Poor v. American Locomotive Co., C.C.A.I11., 67 F.2d 626, 630. What constitutes delivery depends largely on the intent of… …   Black's law dictionary

  • delivery — The act by which the res or substance thereof is placed within the actual or constructive possession or control of another. Poor v. American Locomotive Co., C.C.A.I11., 67 F.2d 626, 630. What constitutes delivery depends largely on the intent of… …   Black's law dictionary

  • conditional — That which is dependent upon or granted subject to a condition. As to conditional acceptance conditional appearance conditional bequest conditional contract conditional delivery conditional devise conditional fee …   Black's law dictionary

  • delivery — A handing over; the surrender of possession to another; a release from imprisonment. As used in a statute against fraudulent conveyances, the word implies the surrender of the control of the property by the vendor and the assumption of possession …   Ballentine's law dictionary

  • contingent delivery — Same as conditional delivery …   Ballentine's law dictionary

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  • animal learning — ▪ zoology Introduction       the alternation of behaviour as a result of individual experience. When an organism can perceive and change its behaviour, it is said to learn.       That animals can learn seems to go without saying. The cat that… …   Universalium

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