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When is the subcontractor entitled to their financial entitlements if the contract stipulates that payment to them is contingent upon the main contractor's receipt of the amount from the project owner?

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Radiif AI Legal Assistant

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The subcontractor is entitled to their financial entitlements, which are contingent upon the main contractor's receipt of the amount from the project owner, once the main contractor's receipt of those amounts has been proven.

The subcontractor is entitled to their financial entitlements, which are contingent upon the main contractor's receipt of the amount from the project owner, once the main contractor's receipt of those amounts has been proven.
Source: Radiif.com (رديف) · Saudi Legal AI Platform

Legal References & Citations

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مبدأ قضائي - Article مبدأ

نص الاتفاق فيما بيننا أن نسبة الدفع لنا كمقاول منفذ للمشروع هي 85% من قيمة الفاتورة المعتمدة من قبل صاحب العمل... على أن يكون الدفع لنا بعد أستلام المدعى عليها من قبل صاحب المشروع بفترة زمنية قدرها 60...

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