pay or play contract

A contract in which one party agrees to perform and the other agrees to pay for the promised performance even if performance is never demanded.

• Pay-or-play contracts are usu. made in the entertainment industry.

法律翻译王漾，在一家顶尖英国律师事务所的上海办公室担任全职法律翻译，专注翻译各类与大中华业务有关的法律文件。