Release of Lien definition

Release of Lien means a release of a deed of

Release of Lien means a release of lien in the form of Exhibit "C". --------------- -----------

Release of Lien has the meaning, for each Project, set forth in Section 10.1(ii) of this Agreement.

Examples of Release of Lien in a sentence

• Exhibit E Release of Lien Letter March [_], 2011 American International Group, Inc.

• To the extent applicable, the Certificate of Partial Release of Lien, dated as of September 9, 2021 (the “2021 Partial Release”) was recorded in the Official Records of the County on the applicable recording dates and at the applicable instrument numbers set forth in column F below.

• To the extent applicable, the Certificate of Partial Release of Lien, dated as of December 15, 2020 (the “2020 Partial Release”) was recorded in the Official Records of the County on the applicable recording dates and at the applicable instrument numbers set forth in column C below.

• Each Application for Progress Payment shall include signed (along with company seal or chop, at Contractor’s option) Waiver and Release of Lien Upon Progress Payment in the form attached hereto as Exhibit H from Contractor with regard to Work that is covered on the Application for Progress Payment.

• The Release of Lien area is to prepare appropriate (state specific) documents for paid in full loans to be probably executed and forwarded to the appropriate parties within the proper time frame.

More Definitions of Release of Lien

Release of Lien. We will not release any lien on any collateral if you are delinquent on, or in default on this Line. For example, if you are in default of your Line, we will not release our lien on a vehicle loan, even if the vehicle loan is current or paid in full. No Liability for Dishonor: We shall not have any liability relating to the dishonor or other return of any check or other item occurring as a result of us exercising our lien rights or good- faith freezing of your accounts. Notices: We may meet all requirements for sending you notice of any kind if we send it to you via United States mail, at your last given address. We may also meet this requirement by delivering these notices to you electronically if you have agreed to receive notices by electronic means. Attorney-in-Fact: You hereby appoint us as your Attorney-in-Fact to perform any acts which we feel are necessary to protect the Collateral and our security interest. You specifically authorize us to endorse on your behalf any check made payable to both you and us. Survival of Obligations: This security agreement not only binds you, but your executors, administrators, heirs and assigns. BILLING RIGHTS

Release of Lien. We will not release any lien on any collateral if you are delinquent on, or in default on this Line. For example, if you are in default of your Line, we will not release our lien on a vehicle loan, even if the vehicle loan is current or paid in full. No Liability for Dishonor: We shall not have any liability relating to the dishonor or other return of any check or other item occurring as a result of us exercising our lien rights or good- faith freezing of your accounts. Notices: We may meet all requirements for sending you notice of any kind if we send it to you via United States mail, at your last given address. We may also meet this requirement by delivering these notices to you electronically if you have agreed to receive notices by electronic means. Attorney-in-Fact: endorse on your behalf any check made payable to both you and us. Survival of Obligations: This security agreement not only binds you, but your executors, administrators, heirs and assigns. BILLING RIGHTS

Release of Lien. The Borrower shall use its best efforts to obtain and deliver to the Agent, not later than thirty (30) days after the Closing Date proof of filing of appropriate UCC-3 terminations or other releases of any liens revealed in Borrower's UCC searches or otherwise, that Agent, in its sole discretxxx, xxxieves interferes with the rights granted to it in the Security and Pledge Agreement.

Release of Lien means the document(s) the City shall prepare and issue, or cause to be prepared or issued, releasing the City's second lien on each assisted property upon Homebuyer's compliance with the Affordability Period and all other program requirements.

Release of Lien means a release of lien in the form of EXHIBIT C.

Release of Lien on New York Real Property. Upon any sale of the New York Real Property pursuant to subsection 9.6(e), the Administrative Agent shall, and is hereby authorized to, execute and deliver to the relevant Borrower, or to such person or persons as such Borrower shall reasonably designate, all releases, satisfactions of mortgage, non-recourse assignments of mortgage and similar documents prepared by such Borrower at its expense which such Borrower shall reasonably request to evidence such release.

Release of Lien. Evidence of clear liens related to material and sub- contractor work on the property Permanent Loan Security: Mortgage Liens: Mortgage on land and improvements. Expiration Date: This Take-out Commitment will remain in effect for 24 months following commencement of construction unless extended. This Take-out Commitment is intended for your use only and may not be distributed, reviewed by others, or assigned without the prior written permission of LHC. Accepted: [Construction Lender] By: Name: Title: [Borrower] By: Name: Title: LOUISIANA HOUSING CORPORATION By: Name: Xxxxxxxxxxx Xxxxxxx Title: Executive Director EXHIBIT A APPROVED BUDGET The Approved Budget below is to be used by the Borrower to pay for the following eligible costs: