Common use of No Encumbrance Clause in Contracts

No Encumbrance. No Work, materials or equipment covered by an approved Application for Payment will have been acquired by the Contractor, or any other person performing work at the Site or furnishing materials or equipment for the Project, subject to an agreement under which an interest therein or an encumbrance thereon is retained by the seller or otherwise imposed by the Contractor or such other person.

No Encumbrance. No Work, materials or equipment covered by an approved Application for Payment will have been acquired by the ContractorDesign-Builder, or any other person performing work at the Site or furnishing materials or equipment for the Project, subject to an agreement under which an interest therein or an encumbrance thereon is retained by the seller or otherwise imposed by the Contractor Design-Builder or such other person.