Stipulation (noun)

1. A condition or requirement specified in an agreement or contract.
2. A provision in a legal document setting out conditions, restrictions, or obligations.

Origin:

Late middle english: from latin stipulatio(n-), from stipulari 'demand as a guarantee', from stipula 'a stalk, a condition of a contract', from stips, stipis 'stake'.

Examples:

1. The stipulation of the contract stated that the delivery date must be met.
2. The stipulation in the lease agreement required that the tenant keep the property in good condition.
3. It was a stipulation of the agreement that the company would provide health insurance for its employees.
4. The stipulation of the will specified that the property be sold and the proceeds be divided among the beneficiaries.
5. The stipulation of the grant required that the funds be used for the specific purpose described in the application.