Assertion: subcontract's subcontractor | /r/CapableOf | receive payment
Facets:
value: under this subsection for work
type: OTHER
Source sentences:
text: Require the subcontractor to waive claims for additional time, compensation, bond or retainage rights as a condition of receipt of progress payment, except to the extent the subcontractor has received or will receive payment.
text: An original subcontractor that receives payment under this subsection for work provided to the original subcontractor by another subcontractor, or for materials or products provided to the original subcontractor, shall pay the other subcontractor or material supplier for the work, materials or products no later than seven days after the original subcontractor receives the payment.
text: Require the subcontractor to waive claims for additional time, compensation, bond or retainage rights as a condition of receipt of progress payment, except to the extent the subcontractor has received or will receive payment.
text: Like the name suggests, these clauses stipulate that a subcontractor will receive payment when a contractor receives payment.
text: Therefore, some partial lien waivers are also called “conditional” lien waivers which clearly state that the lien waiver is conditioned on the subcontractor receiving payment.
text: An original subcontractor that receives payment under this subsection for work provided to the original subcontractor by another subcontractor, or for materials or products provided to the original subcontractor, shall pay the other subcontractor or material supplier for the work, materials or products no later than seven days after the original subcontractor receives the payment.