Pay-if-Paid – A settlement clause that conditions payment to distributors and also subcontractors. This if appropriately worded, permits for non-payment if the basic professional is not paid by the proprietor.
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Pay-if-Paid – A settlement clause that conditions payment to distributors and also subcontractors. This if appropriately worded, permits for non-payment if the basic professional is not paid by the proprietor.
« Back to Glossary Index