Promise - Conditional Commitment

Conditional Commitment

In loan guarantees, a commitment requires to meet an equity commitment, as well as other conditions, before the loan guarantee is closed.

Read more about this topic:  Promise

Famous quotes containing the words conditional and/or commitment:

    “Computer mediation seems to bathe action in a more conditional light: perhaps it happened; perhaps it didn’t. Without the layered richness of direct sensory engagement, the symbolic medium seems thin, flat, and fragile.”
    —Shoshana Zuboff (b. 1951)

    “Adolescents need to be reassured that nothing—neither their growing maturity, their moods, their misbehavior, nor your anger at something they have done—can shake your basic commitment to them.”
    —Laurence Steinberg (20th century)