What is a 'pay-if-paid' clause and how does it differ from a 'pay-when-paid' clause?
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A
They are legally identical terms used interchangeably
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B
Pay-if-paid makes subcontractor payment contingent on owner payment; pay-when-paid only delays timing
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C
Pay-when-paid shifts all risk to subcontractors; pay-if-paid protects them
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D
Pay-if-paid applies to suppliers; pay-when-paid applies to subcontractors