Common use of Delivery of Releases and/or Affidavits Clause in Contracts

Delivery of Releases and/or Affidavits. Upon the request of Princeton University, or as required by this Section I “Payments”, Contractor agrees to deliver, within five (5) business days of the request, written waivers and releases of liens in form and substance satisfactory to Princeton University executed by Contractor and by all (i) Subcontractors, (ii) suppliers to Contractor and Subcontractors, and (iii) equipment lessors to Contractor and Subcontractors stating the amounts of all payments received by them and confirming the waivers and releases referenced in paragraphs (a) and (b) above. If such releases and/or affidavits are requested, no payment under this Contract shall become due and payable until Princeton University has received them in complete and proper form. Such releases shall be in the forms set forth in the Exhibits attached to the end of this Section, as follows: Exhibit A Contractor’s Partial Release and Certificate of Partial Payment Exhibit B Subcontractor’s Partial Release and Certificate of Partial Payment Exhibit C Contractor’s Final Release and Certificate of Final Payment Exhibit D Subcontractor’s Final Release and Certificate of Final Payment

Delivery of Releases and/or Affidavits. Upon the request of Princeton University, or as required by this Section I the applicable “Payments”” clause, Contractor agrees to deliver, within five (5) business days of the request, written waivers and releases of liens in form and substance satisfactory to Princeton University executed by Contractor and by all (i) Subcontractors, (ii) suppliers to Contractor and Subcontractors, and (iii) equipment lessors to Contractor and Subcontractors stating the amounts of all payments received by them and confirming the waivers and releases referenced in paragraphs (a) and (b) above. If such releases and/or affidavits are requested, no payment under this Contract shall become due and payable until Princeton University has received them in complete and proper form. Such releases shall be in the forms set forth in the Exhibits attached to the end of this Section, as follows: Exhibit A Contractor’s Partial Release and Certificate of Partial Payment Exhibit B Subcontractor’s Partial Release and Certificate of Partial Payment Exhibit C Contractor’s Final Release and Certificate of Final Payment Exhibit D Subcontractor’s Final Release and Certificate of Final Payment