preholding

Example:The preholding agreement allows Company A to retain control of the property until the borrower can provide the necessary funds for its purchase.

Definition:A formal contract that outlines the terms and conditions of the preholding arrangement.

Example:The preholding clause in the contract sets out the rules for the initial holding period before the asset can be transferred.

Definition:A specific provision in a legal document that stipulates the provisions of a preholding arrangement.

Example:During the preholding period, the asset is safeguarded by the holding company until the final transfer is executed.

Definition:The time during which an asset is held by one party before it is formally transferred to another.