Distributing Payments Clause Samples

The "Distributing Payments" clause outlines how funds received under an agreement are to be allocated among the parties involved. It typically specifies the order of priority for payments, such as covering expenses or fees before distributing profits, and may detail the timing and method of payment transfers. This clause ensures transparency and fairness in financial dealings by clearly defining the process for dividing and delivering payments, thereby reducing the risk of disputes over money distribution.