Pay-If-Paid – A repayment clause that conditions payment to distributors and also subcontractors. This if properly worded, permits non-payment if the basic specialist is not paid by the proprietor.
« Back to Glossary IndexLots of Great Bond Info
Pay-If-Paid – A repayment clause that conditions payment to distributors and also subcontractors. This if properly worded, permits non-payment if the basic specialist is not paid by the proprietor.
« Back to Glossary Index