- The Parties include the mediator and the subject of the covenant.
- The Promise can be natural or supernatural or both.
- The Conditions are established at the behest of the mediator and must be met.
- The seal or ceremony shows us something about the covenant as it also reveals the certainty of the promise.
A promise given from one party to another upon which are imposed stipulations or conditions that are sealed by a token, symbol, or ceremony.
Trey teaches us about covenants and shows that when it comes to redemption, God meets the stipulations or conditions of the covenant that has been established and the promise is given to some before the conditions are even met.
 Paul, an apostle of Christ Jesus by the will of God,
To the saints who are in Ephesus, and are faithful in Christ Jesus:
 Grace to you and peace from God our Father and the Lord Jesus Christ.
 Blessed be the God and Father of our Lord Jesus Christ, who has blessed us in Christ with every spiritual blessing in the heavenly places,  even as he chose us in him before the foundation of the world, that we should be holy and blameless before him. In love  he predestined us for adoption to himself as sons through Jesus Christ, according to the purpose of his will,  to the praise of his glorious grace, with which he has blessed us in the Beloved.  In him we have redemption through his blood, the forgiveness of our trespasses, according to the riches of his grace,  which he lavished upon us, in all wisdom and insight  making known to us the mystery of his will, according to his purpose, which he set forth in Christ  as a plan for the fullness of time, to unite all things in him, things in heaven and things on earth.
 In him we have obtained an inheritance, having been predestined according to the purpose of him who works all things according to the counsel of his will,  so that we who were the first to hope in Christ might be to the praise of his glory.  In him you also, when you heard the word of truth, the gospel of your salvation, and believed in him, were sealed with the promised Holy Spirit,  who is the guarantee of our inheritance until we acquire possession of it, to the praise of his glory. (ESV)
Thomas (Trey) Mason is an elder candidate with GraceTruth Church and actively serves in areas of teaching, research and pastoral care.