A contractor sued for payment after completing engineering services. The owner claimed he didn't have to pay because project financing never came through. The Connecticut court ruled that a payment clause tied to financing is just about timing, not a condition that eliminates the payment obligation. The owner must pay within a reasonable time even if financing falls through.
Don't accept 'pay when financed' clauses as excuses for non-payment. Courts treat them as timing provisions, not ways to avoid paying you.
If a contract says payment depends on financing, you can still demand payment within a reasonable time if financing doesn't happen.