FUNDS DUE UPON EXECUTION Clause Samples

The "Funds Due Upon Execution" clause requires that payment or a specified portion of funds be made immediately when the contract is signed. In practice, this means the party responsible for payment must deliver the agreed amount at the time of execution, often as an initial deposit or upfront fee before any services or goods are provided. This clause ensures the receiving party secures financial commitment from the outset, reducing the risk of non-payment and demonstrating the payer’s intent to proceed with the agreement.