Lafayette Steel Erectors, Inc. v. Roy Anderson Corp.
71 F. Supp. 2d 582 | District Court, S.D. Mississippi | 1997
Holding Summary
A 'pay-when-paid' clause in a construction subcontract does not shift the risk of owner nonpayment to the subcontractor but merely grants the contractor a reasonable time to effect payment, and the contractor's duty to pay is enforceable once that reasonable time has elapsed.
Article 13 is a pay-when-paid clause allowing defendant reasonable time to pay.
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