Partial Lien Waivers Sample Clauses
A Partial Lien Waivers clause allows a contractor, subcontractor, or supplier to relinquish their right to file a lien on a property for the portion of work or materials for which they have already received payment. Typically, this waiver is provided with each progress payment, covering only the amount paid to date and not the entire contract sum. By using partial lien waivers, the property owner is protected from potential claims for work that has already been compensated, ensuring that liens can only be filed for unpaid amounts and reducing the risk of double payment or disputes over payment status.
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Partial Lien Waivers. A lien waiver is not required with the first payment application by Contractor. Lien Waivers are not required with first payment of subcontractors and suppliers. Each subsequent payment application shall be accompanied by the Contractor's partial waiver, and by partial waivers from all subcontractors and suppliers who were included in the immediately preceding payment application, to the extent of that payment.
Partial Lien Waivers. To the extent applicable, Lender and the Construction Consultant shall have received partial lien waivers from any contractor, subcontractor or material supplier providing work, labor or services paid with a prior Advance with respect to such work, labor or services, as the case may be, and immediately following the final payment to any contractor, subcontractor or material supplier, a copy of a general release and final waiver of lien from such contractor, subcontractor or material supplier, as the case may be.
Partial Lien Waivers. Contractor shall execute and submit Partial Lien Waivers applicable to the Contractor and every Subcontractor as required by Article 24. The Contractor shall also submit all previously executed Partial Lien Waivers.
Partial Lien Waivers. The Contractor shall attach to every Application for Payment, a notarized Partial Lien Waiver that completely disclaims and waives the Contractors' right to file or maintain a lien against HAKC's property, to the extent of payments previously made to the Contractor. The Contractor shall fully pay, in a timely manner, all Subcontractors, and all agents, persons or entities claiming by or through such Subcontractors. The Contractor shall obtain and attach to every Application for Payment, a notarized Partial Lien Waiver from every Subcontractor that disclaims and waives the Subcontractor's right to file or maintain a lien against HAKC's property, to the extent of payments previously made to such Subcontractor.
Partial Lien Waivers. In order to be valid, each request for payment submitted by Contractor must be accompanied by partial lien waivers and releases in the form attached as Exhibit 16 executed by Contractor and all Subcontractors with whom Contractor has a direct contract or purchase order, and who submitted an invoice or application for payment to Contractor more than thirty (30) days prior to Contractor’s application for payment to Owner. In addition, and at Owner’s request, Contractor shall submit such lien waivers of any and all other Subcontractors who may have the right to pursue a mechanic’s or materialman’s lien under Applicable Law.