Same thing. It's conditional. Means at the time that was written, the loan is not a done deal. In pennyland, unless it's toxic financing, these things are 99% BS. And this is likely no exception.
What part of "conditional" are you not understanding?
conditional [k?n'd???n?l]
adj
1. depending on other factors; not certain
2. (Linguistics / Grammar) Grammar (of a clause, conjunction, form of a verb, or whole sentence) expressing a condition on which something else is contingent: ``If he comes'' is a conditional clause in the sentence ``If he comes I shall go''
3. (Mathematics)
a. (of an equation or inequality) true for only certain values of the variable: x2 -1 = x + 1 is a conditional equation, only true for x = 2 or -1
b. (of an infinite series) divergent when the absolute values of the terms are considered
4. (Philosophy / Logic) Also hypothetical Logic (of a proposition) consisting of two component propositions associated by the words if…then so that the proposition is false only when the antecedent is true and the consequent false. Usually written: p?q or p?q, where p is the antecedent, q the consequent, and ? or ? symbolizes implies
n
1. (Linguistics / Grammar) Grammar
a. a conditional form of a verb
b. a conditional clause or sentence
2. (Philosophy / Logic) Logic a conditional proposition
conditionality n
conditionally adv
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