What is an indemnity clause?
What is an indemnity clause?
May 13, 2019
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Understanding the difference between “Paid When Paid” & “Paid If Paid” contract clauses should be in the Contracting 101 manual for new PMs In construction contracts, these two little phrases can mean big things for your cash flow. “Paid When Paid” means you will get paid. It just might take a while, usually after the GC gets paid by the owner. “Paid If Paid” is riskier. It means you only get paid if the GC gets paid. If the owner never pays, you might be out of luck. One delays payment. The oth
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What Is An Indemnity Agreement? (With Examples)
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