minor fix
diff --git a/erpnext/setup/doctype/terms_and_conditions/terms_and_conditions.py b/erpnext/setup/doctype/terms_and_conditions/terms_and_conditions.py
index d2b68b4..37f114b 100644
--- a/erpnext/setup/doctype/terms_and_conditions/terms_and_conditions.py
+++ b/erpnext/setup/doctype/terms_and_conditions/terms_and_conditions.py
@@ -9,7 +9,8 @@
 
 class TermsandConditions(Document):
 	def validate(self):
-		validate_template(self.terms)
+		if self.terms:
+			validate_template(self.terms)
 
 @frappe.whitelist()
 def get_terms_and_conditions(template_name, doc):