Canada: Pay-When-Paid Clauses And Prompt Payment - Glaholt Bowles

Canada: Pay-When-Paid Clauses And Prompt Payment - Glaholt Bowles

Mondaq

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Thirty-five years ago, the Ontario Court of Appeal, in Timbro Developments Ltd. v. Grimsby Diesel Motors Inc., upheld the following clause: "Payments will be made not more than thirty (30) days...

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