CONSTRUCTION LIEN ACT. The Recipient covenants and agrees that it will hold back in its payments to any contractor on the Project such amounts as may be required under the provisions of the Construction Lien Act. The obligation of the Recipient to indemnify the CITY will extend to any matters arising under the Construction Lien Act, or any other claim for unpaid accounts. On demand by the CITY, the Recipient will take such steps as may be necessary to immediately discharge all liens registered upon the Subject Property.
CONSTRUCTION LIEN ACT. The Owner covenant and agree that it will hold back in its payments to any contractor who may construct services, facilities or works, such amounts as may be required under the provisions of the Construction Lien Act. The obligation of the Owner to indemnify the Town will extend to any matters arising under the Construction Lien Act, or any other claim for unpaid accounts. On demand by the Town, the Owner will take such steps as may be necessary to immediately discharge all liens registered upon the Subject Property or otherwise advanced against the interest of the Owner in relation to the prescribed works.
CONSTRUCTION LIEN ACT. In as much as the Owner is obliged at its entire expense and not at the expense of the Town to make improvements to the highway, the Owner shall deposit with the Town a security, in form satisfactory to the Town Solicitor and in an amount satisfactory to the Director of Infrastructure Services, for the estimated amount of the holdbacks (under part IV of the Construction Lien Act) that would have been required were the improvements made at the expense of the Town.
CONSTRUCTION LIEN ACT. The Purchaser covenants and agrees that the Purchaser is a “home buyer” within the meaning of the Construction Lien Act of Ontario, as may be amended, and will not claim any lien holdback on the Closing Date.
CONSTRUCTION LIEN ACT. In the event the Town assigns or sub-contracts this Agreement or employs sub-contractors, the Town shall be responsible for all payment requirements or other obligations of an owner pursuant to the Construction Lien Act, R.S.O. 1990, c. C.30. Without limiting the foregoing, the Town shall be responsible to quantify the value of work performed and materials supplied and prepare progress certificates to show the amount of statutory holdbacks and liens as may apply. A copy of each progress payment certificate shall be directed to the Commissioner. The Town shall be responsible for obligations to a sub-contractor to certify the completion of the works as required under the Construction Lien Act. The Commissioner shall receive a copy of the certificate of substantial performance as issued by the Town and the Town shall comply with all notice requirement as set out in the Construction Lien Act for the said certificate.
CONSTRUCTION LIEN ACT. The Purchaser covenants and agrees that he/she is a “home buyer” within the meaning of the Construction Lien Act, R.S.O. 1990, c.C.30 and will not claim any lien holdback on the Occupancy Date or Title Transfer Date. Subject to the rights of the Vendor under Paragraph 20(b), the Vendor shall complete the remainder of the Condominium according to its schedule of completion and neither the Occupancy Date nor the Title Transfer Date shall be delayed on that account.
CONSTRUCTION LIEN ACT. In the case of payments under this Agreement for construction services, all amounts payable by the City to the Operator under this Agreement shall be adjusted to comply with the Construction Lien Act, R.S.O. 1990, c.C.30, when applicable, including the requirement under section 22 of the Construction Lien Act, R.S.O. 1990, c.C.30 to maintain a 10% holdback.
CONSTRUCTION LIEN ACT. (Ontario)
(a) The Parties acknowledge that the foregoing provisions of Section 15.2 shall apply to claims for lien made upon or against the Lands and the Highway Site pursuant to the CLA and shall also apply to claims made against the City or the holdback under the CLA as though such a claim were an Encumbrance against the Lands or the Highway Site as referred to therein.
(b) Project Co shall withhold from each Subcontractor the holdbacks required under the CLA and shall deal with such holdbacks in accordance with the CLA and for the purposes of Amended and Restated Project Agreement Ottawa Light Rail Transit Project REDACTED Execution Version CONFIDENTIAL AND PROPRIETARY Page 65 CAN: 26350049.2 BD-#30398459-v2 the CLA, the contracts entered into by and between Project Co and any Subcontractor in relation to the performance of the Design and Construction Works and the Highway
CONSTRUCTION LIEN ACT. 5.1 Not applicable.
CONSTRUCTION LIEN ACT. For the purposes of this section, "supply of services", "improvement" and "holdback" shall have the same meaning, respectively, as defined by the Construction Lien Act, or any successor legislation. Where any part of the Services constitutes a supply of services upon or in respect of an improvement, the City shall retain a holdback as required by the Construction Lien Act, or any successor legislation, from each sum otherwise payable to the Consultant under this Agreement with respect to those Services. The holdback shall be retained, held and released by the City in accordance with the Construction Lien Act, or any successor legislation.
