Dependent Promises Law and Legal Definition

Dependent promises are promises in a bilateral contract which are mutually dependent, that is, the one promise is the condition of the enforcement of the other.

The following is an example of a case law defining a dependent promise:

A dependent promise is a promise conditioned on the performance of a reciprocal promise by the other party. [Exp. Worldwide, Ltd. v. Knight, 2007 U.S. Dist. LEXIS 13294 (W.D. Tex. Feb. 27, 2007)].