General Contractors may seek to condition payments to Subcontractors by using “pay-if-paid” or “pay-when-paid” clauses in their contracts. Typically, as the name suggests, pay-when-paid provisions ...
A typical pay-if-paid clause in a subcontract might read: “The Parties agree that any payment by the General Contractor to the Subcontractor is subject to the condition precedent that the General ...
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