Delaware Code

6 Del. C. § 3-106 (2026)

Unconditional promise or order

✓ current as of May 2026
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(a) Except as provided in this section, for the purposes of Section 3-104(a), a promise or order is unconditional unless it states (i) an express condition to payment, (ii) that the promise or order is subject to or governed by another writing, or (iii) that rights or obligations with respect to the promise or order are stated in another writing. A reference to another writing does not of itself make the promise or order conditional.

(b) A promise or order is not made conditional (i) by a reference to another writing for a statement of rights with respect to collateral, prepayment, or acceleration, or (ii) because payment is limited to resort to a particular fund or source.

(c) If a promise or order requires, as a condition to payment, a countersignature by a person whose specimen signature appears on the promise or order, the condition does not make the promise or order conditional for the purposes of Section 3-104(a). If the person whose specimen signature appears on an instrument fails to countersign the instrument, the failure to countersign is a defense to the obligation of the issuer, but the failure does not prevent a transferee of the instrument from becoming a holder of the instrument.

(d) If a promise or order at the time it is issued or first comes into possession of a holder contains a statement, required by applicable statutory or administrative law, to the effect that the rights of a holder or transferee are subject to claims or defenses that the issuer could assert against the original payee, the promise or order is not thereby made conditional for the purposes of Section 3-104(a); but if the promise or order is an instrument, there cannot be a holder in due course of the instrument.

5A Del. C. 1953, §§  3-10555 Del. Laws, c. 34970 Del. Laws, c. 86, §  3
Notes of Decisions
Cited in 5 cases (5 in the last 5 years), 2022–2024 · leading case: Weinstein v. Luxeyard, Inc. (Del. Super. Ct. 2022).
Weinstein v. Luxeyard, Inc. (Del. Super. Ct. 2022). “37 6 Del. C. § 3-106(a). 12 underlying this Debenture are available for resale pursuant to Rule 144 or similar rule, without limitation, (b) for a period of ten consecutive trading days the closing bid price for the Company’s Common Stock remains at or above $1.”
Shen v. Li (Del. Super. Ct. 2023). “(citing 6 Del. C. § 3-106(a)). 33 Personal Guaranty ¶ 1 (“Guarantors hereby unconditionally and irrevocably guarantee the prompt payment by the Company of the Share Repurchase Obligation in accordance with the terms of the Investment Agreement.”
Corso v. Concordia Healthcare USA, Inc. (D. Del. 2023). “” 6 Del. C. § 3-106(a). Principal payments were conditioned on Complete Medical’s earnings.”
Pekin Brook Farm LLC (Bankr. D. Vt. 2024). “94 Weinstein, 2022 WL 130973 , at *5 (emphasis added); accord 6 Del. C. §3-106(a). 95 Sum Certain, Black's Law Dictionary (11th ed.”
Stone Wolf Capital Mgmt. Co. (Bankr. D. Vt. 2024). “94 Weinstein, 2022 WL 130973 , at *5 (emphasis added); accord 6 Del. C. §3-106(a). 95 Sum Certain, Black's Law Dictionary (11th ed.”
— 6 Del. C. § 3-106(a) — 5 cases
Weinstein v. Luxeyard, Inc. (Del. Super. Ct. 2022). “37 6 Del. C. § 3-106(a). 12 underlying this Debenture are available for resale pursuant to Rule 144 or similar rule, without limitation, (b) for a period of ten consecutive trading days the closing bid price for the Company’s Common Stock remains at or above $1.”
Shen v. Li (Del. Super. Ct. 2023). “(citing 6 Del. C. § 3-106(a)). 33 Personal Guaranty ¶ 1 (“Guarantors hereby unconditionally and irrevocably guarantee the prompt payment by the Company of the Share Repurchase Obligation in accordance with the terms of the Investment Agreement.”
Corso v. Concordia Healthcare USA, Inc. (D. Del. 2023). “” 6 Del. C. § 3-106(a). Principal payments were conditioned on Complete Medical’s earnings.”
Pekin Brook Farm LLC (Bankr. D. Vt. 2024). “94 Weinstein, 2022 WL 130973 , at *5 (emphasis added); accord 6 Del. C. §3-106(a). 95 Sum Certain, Black's Law Dictionary (11th ed.”
Stone Wolf Capital Mgmt. Co. (Bankr. D. Vt. 2024). “94 Weinstein, 2022 WL 130973 , at *5 (emphasis added); accord 6 Del. C. §3-106(a). 95 Sum Certain, Black's Law Dictionary (11th ed.”
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