Meaning of the word "on the condition that" in English

What does "on the condition that" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

on the condition that

US /ɑn ðə kənˈdɪʃən ðæt/
UK /ɒn ðə kənˈdɪʃən ðæt/

Phrase

only if; provided that

Example:
You can go to the party, on the condition that you finish your homework first.
I will lend you the money on the condition that you pay me back next month.