M&A Foundations · glossary

Condition precedent (CP)

Something that must happen before completion is required — most commonly a regulatory or competition approval. If the conditions are not satisfied by the long stop date, either party can usually walk away from the signed deal. Clause 5.1 · Chapter 13

Explained in Chapter 13, Signing to Completion, of M&A Foundations.

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Where this term lives

Every chapter of M&A Foundations is free to read, including the full training share purchase agreement. It is part of one complete fictional deal, with every document attached and a test after every chapter. Open M&A Foundations → · All terms A–Z →