L. Gregg Ivey, Inc. v. Land

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• “When the existence of a debt is conditional on the happening of some event, payment cannot be enforced until the event happens[.]”
• “there is a distinction between a condition to the creation of an obligation and a con dition merely as to the time of its performance”
• “When the existence of a debt is conditional on the happening of some event, payment cannot be enforced until the event happens[.]”
• “due and payable” language specifies a time for payment, not the time when a debt became due; therefore, because condition was tied to “due and payable” language, only time for payment became conditioned, not accrual of debt

Source: CourtListener parenthetical corpus (CC0).