dependent covenants
Defined in 3 dictionaries — Case Law, Cyclopedic (1922), Ballentine's (1916)
Definitions from Case Law
From 26 U.S. 455 - The President Directors and Company of the Bank of Columbia v. Peter Hagner · 1828Most cited · 128 citing opinions
In contracts of this description, the undertakings of the respective parties are always considered dependent, unless a contrary intention clearly appears. A different construction would in many cases lead to the greatest injustice, and a purchaser might have payment of the consideration money enforced upon him, and yet be disabled from procuring the property, for which he paid it.
The Cyclopedic Law Dictionary
Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922
Those In which the performance of one depends on the performance of the other.
Ballentine's Law Dictionary
James A. Ballentine · 1916