Release by the Contractor Sample Clauses

The 'Release by the Contractor' clause serves to formally discharge the client or project owner from any further claims or liabilities by the contractor upon completion of the work or receipt of final payment. In practice, this clause typically requires the contractor to sign a release document affirming that all payments due have been received and that no additional claims will be made for work performed under the contract. This mechanism ensures that once the project is finished and payment is settled, the client is protected from future demands or disputes related to the contractor’s services, thereby providing finality and reducing the risk of ongoing liability.
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Release by the Contractor. The acceptance by the Contractor of final payment shall release NYSERDA from all claims and liability that the Contractor, its representatives and assigns might otherwise have relating to this Agreement.
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Release by the Contractor. The acceptance by the Contractor of final payment shall release NY Green Bank from all claims and liability that the Contractor, its representatives and assigns might otherwise have relating to this Agreement.
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Release by the Contractor. The acceptance by the Contractor of payment for each voucher shall release NYSERDA from any and all claims and liability the Contractor, its representatives, and assigns might otherwise have relating to the voucher.
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Release by the Contractor. The acceptance by the Contractor of final payment shall release the Consortium from all claims and liability that the Contractor, its representatives, successors, and permitted assigns might otherwise have relating to, or arising out of, this Agreement either now or in future, whether now known or hereinafter discovered.
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Release by the Contractor. The acceptance by the Contractor of final payment from NYSERDA under each T Work O der issued pursuant to this Agreement shall release NYSERDA from all claims and liability that the Contractor, its representatives and assigns might otherwise have relating to the Tas Work Order and this Agreement.
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Related to Release by the Contractor

  • TERMINATION BY THE CONTRACTOR If the Work is stopped for a period of thirty days under an order of any court or other public authority having jurisdiction, or as a result of an act of government, such as a declaration of a national emergency making materials unavailable, through no act or fault of the Contractor or a Subcontractor or their agents or employees or any other persons performing any of the Work under a contract with the Contractor, or if the Work should be stopped for a period of thirty days by the Contractor because the Architect has not issued a Certificate for Payment as provided in Paragraph 9.7 of these General Conditions or because the State has not made payment thereon as provided in Paragraph 9.7, then the Contractor may, upon seven additional days written notice to the State and the Architect, terminate the Contract and recover from the State payment for all Work executed and for any proven loss sustained upon any materials, equipment, tools, construction equipment and machinery, including reasonable profit and damages.