conditional sale

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conditional sale

n. a sale of property or goods which will be completed if certain conditions are met (as agreed) by one or both parties to the transaction. Example: Hotrod agrees to buy Tappit's 1939 LaSalle for $1,000 cash if Tappit can get the car running by September 1st. (See: sale)

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Recognizing the distinctions and drafting protective agreements around each type of transaction will provide the best foundation for a successful conditional sale transaction.
This paper examines how companies can offer repayment programs that satisfy the needs of the market from extended term payments including revolving credit to being able to offer conditional sales contracts and nominal option leases.
The deals include : Conditional sales deal to buy 21 aircraft from GECAS, including eleven A320s, five Boeing 737-800s and two 737-900ERs, for USD714.
We are in discussions with a number of large solar electric manufacturers and systems aggregators that we hope will lead to conditional sales orders for delivery in the early part of 2002.
The company has also inked conditional sales and purchase agreement with Mr Low Soon Sim to acquire the entire issued and paid-up share capital of Richwood Asia I Investments Limited and One Room Mansion Limited (ORM) for $31 million.
Handelsbanken Finans is part of the Svenska Handelsbanken Group and is the only bank-owned finance company in the Nordic area with a complete range of local finance company services in the four major Nordic countries: Consumer credits and selective cards for retailer partners, leasing, conditional sales, financing in collaboration with vendors of investment assets, car financing and factoring services and debt collection.

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