contingent performance
[kən-ˈtin-jənt pər-ˈfȯr-məns]
nounpl: contingent performances
desempenho contingente
1. Performance or obligation that is dependent upon the occurrence or non-occurrence of a specified event or condition
The contractor's contingent performance was dependent on obtaining the necessary permits from the city.
O desempenho contingente do contratante dependia da obtenção das licenças necessárias da prefeitura.
2. In contract law, an agreement where one party's obligation to perform is conditional upon certain circumstances being met
The sales agreement included contingent performance clauses that required inspection before final payment.
O acordo de venda incluía cláusulas de desempenho contingente que exigiam inspeção antes do pagamento final.
3. A conditional undertaking where fulfillment depends on external factors or triggering events
The employee's bonus represents a contingent performance tied to quarterly sales targets.
O bônus do funcionário representa um desempenho contingente vinculado às metas de vendas trimestrais.
This term is primarily used in legal, business, and financial contexts in both English-speaking countries and Brazil. In Brazilian business culture, contingent performance clauses are common in real estate transactions, employment contracts, and commercial agreements. The concept reflects risk management practices that are increasingly important in modern contract law across both American and Brazilian legal systems.
Related Idioms & Phrases
subject to contingencies
conditional upon occurrence
dependent on the happening of an event
performance tied to conditions
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