Condition Precedent to Requesting Payment Clause Samples

The 'Condition Precedent to Requesting Payment' clause establishes that certain requirements or events must be fulfilled before a party is entitled to request payment under the contract. Typically, this may involve the completion of specific deliverables, submission of required documentation, or achievement of project milestones. By setting these prerequisites, the clause ensures that payments are only made when agreed-upon conditions are met, thereby protecting the paying party from premature or unwarranted payment requests.