Koch v. Construction Technology, Inc.
924 S.W.2d 68 | Tennessee Supreme Court | 1996
Holding Summary
A 'pay when paid' clause in a subcontract is a timing provision, not a condition precedent, and does not shift the owner's credit risk from the general contractor to the subcontractor absent clear language.
Condition precedents are not favored in contract law, and will not be upheld unless there is clear language to support them.
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