M X L Industries, Inc. v. Mulder

How courts have described this case

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

• stating that the doctrine of substantial performance has no application to an option to cancel a commercial lease for a term of years and because plaintiff conceded that it did not literally or strictly comply with the option requirements, the option was not effectively exercised
• stating that the doctrine of substantial performance has no application to an option to cancel a commercial lease for a term of years and because plaintiff conceded that it did not literally or strictly comply with the option requirements, the option was not effectively exercised
• “Illinois courts define a condition precedent as one ... which is to be performed by one party to an existing contract before the other party is obligated to perform.”
• a condition precedent “is subject to the rule of strict compliance, unless such compliance is waived.”
• same; citing 74 Am.Jur.2d Tender § 24, at 561-62 (1974)

Source: CourtListener parenthetical corpus (CC0).