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:
“The population of the world is a conditional population; these are not the best, but the best that could live in the existing state of soils, gases, animals, and morals: the best that could yet live; there shall be a better, please God.”
—Ralph Waldo Emerson (18031882)
“Adolescents need to be reassured that nothingneither their growing maturity, their moods, their misbehavior, nor your anger at something they have donecan shake your basic commitment to them.”
—Laurence Steinberg (20th century)
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