Pay-If-Paid – A repayment condition that conditions settlement to distributors as well as subcontractors. This if correctly worded, enables non-payment if the basic service provider is not paid by the proprietor.
« Back to Glossary IndexPay-If-Paid – A repayment condition that conditions settlement to distributors as well as subcontractors. This if correctly worded, enables non-payment if the basic service provider is not paid by the proprietor.
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