Common use of UNCONDITIONAL WAIVER AND RELEASE UPON PROGRESS PAYMENT Clause in Contracts

UNCONDITIONAL WAIVER AND RELEASE UPON PROGRESS PAYMENT. The undersigned has been paid and has received a progress payment in the sum of $ for labor, services, equipment, or material furnished to on the job of (Your Customer) (Contractor) located at (Job Description) and does hereby release any mechanic’s lien, stop notice, or bond right that the undersigned has on the above referenced job to the following extent. This release covers a progress payment for labor, services, equipment, or materials furnished to through (Your Customer) (Date) only and does not cover any retentions retained before or after the release date; extras furnished before the release date for which payment has not been received; extras or items furnished after the release date. Rights based upon work performed or items furnished under a written change order which has been fully executed by the parties prior to the release date are covered by this release unless specifically reserved by the claimant in this release. This release of any mechanic’s lien, stop notice, or bond right shall not otherwise affect the contract rights, including rights between parties to the contract based upon a rescission, abandonment, or breach of the contract, or the right of the undersigned to recover compensation for furnished labor, services, equipment, or material covered by this release if that furnished labor, services, equipment, or material was not compensated by the progress payment. NOTICE: THIS DOCUMENT WAIVES RIGHTS UNCONDITIONALLY AND STATES THAT YOU HAVE BEEN PAID FOR GIVING UP THOSE RIGHTS. THIS DOCUMENT IS ENFORCEABLE AGAINST YOU IF YOU SIGN IT, EVEN IF YOU HAVE NOT BEEN PAID. IF YOU HAVE NOT BEEN PAID, USE A CONDITIONAL RELEASE FORM. Dated: [Insert Company Name] By: [Signature] [Insert name of individual] Its: [Title]

Appears in 3 contracts

Samples: Agreement, Agreement, Agreement

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UNCONDITIONAL WAIVER AND RELEASE UPON PROGRESS PAYMENT. The undersigned has been paid and has received a progress payment in the sum of $ for labor, services, equipment, or equipment and/or material furnished to (Your Customer) on the job of (Your Customer) (Contractor) County Of Tulare located at (County) (Job Description) and does hereby release any mechanic’s 's lien, stop notice, or bond right that the undersigned has on the above referenced job to the following extent. This release covers a progress payment for labor, services, equipment, or equipment and/or materials furnished to through only, and does not (Your Customer) (Date) only and does not cover any retentions retained before or after the release date; extras furnished before the release date for which payment has not been received; extras or items furnished after the release date. Rights based upon work performed or items furnished under a written change order which has been fully executed by the parties prior to the release date are covered by this release unless specifically reserved by the claimant in this release. This release of any mechanic’s 's lien, stop notice, or bond right shall not otherwise affect the contract rights, including rights between parties to the contract based upon a rescission, abandonment, or breach of the contract, or the right of the undersigned to recover compensation for furnished labor, services, equipment, or material covered by this release if that furnished labor, services, equipment, or material was not compensated by the progress payment. DATE: (Company Name) By: (Signature) (Title) NOTICE: THIS DOCUMENT WAIVES RIGHTS UNCONDITIONALLY AND STATES THAT YOU HAVE BEEN PAID FOR GIVING UP THOSE RIGHTS. THIS DOCUMENT IS ENFORCEABLE AGAINST YOU IF YOU SIGN IT, EVEN IF YOU HAVE NOT BEEN PAID. IF YOU HAVE NOT BEEN PAID, USE A CONDITIONAL RELEASE FORM. DatedCONDITIONAL WAIVER AND RELEASE UPON FINAL PAYMENT Upon receipt by the undersigned of a check from (Maker of Check) in the sum of $ payable to (Amount of Check) (Payee or Payees of Check) and when the check has been properly endorsed and has been paid by the bank upon which it is drawn, this document shall become effective to release any mechanic's lien, stop notice, or bond right the undersigned has on the job of County Of Tulare located at (County) (Job Description) This release covers the final payment to the undersigned for all labor, services, equipment, or material furnished on the job, except for disputed claims for additional work in the amount of $ . Before any recipient of this document relies on it, the party should verify evidence of payment to the undersigned. DATE: [Insert (Company Name] ) By: [(Signature] [Insert name of individual] Its: [) (Title])

Appears in 1 contract

Samples: Agreement

UNCONDITIONAL WAIVER AND RELEASE UPON PROGRESS PAYMENT. The undersigned has been paid and has received a progress payment in the sum of $ for labor, services, equipment, or material furnished to (Your Customer) on the job of (Your Customer) (ContractorOwner) located at (Job Description) and does hereby release any mechanic’s lien, stop notice, or bond right that the undersigned has on the above referenced job to the following extent. This release covers a progress payment for labor, services, equipment, or materials furnished to through (Your Customer) through (Date) only and does not cover any retentions retained before or after the release date; extras furnished before the release date for which payment has not been received; extras or items furnished after the release date. Rights based upon work performed or items furnished under a written change order which has been fully executed by the parties prior to the release date are covered by this release unless specifically reserved by the claimant in this release. This release of any mechanic’s lien, stop notice, or bond right shall not otherwise affect the contract rights, including rights between parties to the contract based upon a rescission, abandonment, or breach of the contract, or the right of the undersigned to recover compensation for furnished labor, services, equipment, or material covered by this release if that furnished labor, services, equipment, or material was not compensated by the progress payment. NOTICE: THIS DOCUMENT WAIVES RIGHTS UNCONDITIONALLY AND STATES THAT YOU HAVE BEEN PAID FOR GIVING UP THOSE RIGHTS. THIS DOCUMENT IS ENFORCEABLE AGAINST YOU IF YOU SIGN IT, EVEN IF YOU HAVE NOT BEEN PAID. IF YOU HAVE NOT BEEN PAID, USE A CONDITIONAL RELEASE FORM. Dated: [Insert (Company Name] ) By: [Signature] [Insert name of individual] Its: [(Title])

Appears in 1 contract

Samples: General Contract

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UNCONDITIONAL WAIVER AND RELEASE UPON PROGRESS PAYMENT. The undersigned has been paid and has received a progress payment in the sum of $ for labor, services, equipment, equipment or material furnished to Xxxxx Concrete Construction on the job of (Your Customer) (Contractor) located at (Job Description) and does hereby release any mechanic’s lien, stop notice, notice or bond right that the undersigned has on the above referenced job to the following extent. This release covers a progress payment for labor, services, equipment, equipment or materials furnished to Xxxxx Concrete Construction through (Your Customer) (Date) only and does not cover any retentions retained before or after the release date; extras furnished before the release date for which payment has not been received; extras or items furnished after the release date. Rights based upon work performed or items furnished under a written change order which has been fully executed by the parties prior to the release date are covered by this release unless specifically reserved by the claimant in this release. This release of any mechanic’s lien, stop notice, notice or bond right shall not otherwise affect the contract rights, including rights between parties to the contract based upon a rescission, abandonment, abandonment or breach of the contract, or the right of the undersigned to recover compensation for furnished labor, services, equipment, equipment or material covered by this release if that furnished labor, services, equipment, equipment or material was not compensated by the progress payment. Date: (Company Name) (Signature) (Title) NOTICE: THIS DOCUMENT WAIVES RIGHTS UNCONDITIONALLY AND STATES THAT YOU HAVE BEEN PAID FOR GIVING UP THOSE RIGHTS. THIS DOCUMENT IS ENFORCEABLE AGAINST YOU IF YOU SIGN IT, EVEN IF YOU HAVE NOT BEEN PAID. IF YOU HAVE NOT BEEN PAID, USE A CONDITIONAL RELEASE FORM. DatedCONDITIONAL WAIVER AND RELEASE UPON FINAL PAYMENT Upon receipt by the undersigned of a check from Xxxxx Concrete Construction in the sum of $ payable to and when the check has been properly endorsed and has been paid by the bank upon which it is drawn, this document shall become effective to release any mechanic’s lien, stop notice or bond right the undersigned has on the job of located at . This release covers the final payment to the undersigned for all labor, services, equipment or material furnished on the job, except for disputed claims for additional work in the amount of $0.00 . Before any recipient of this document relies on it, the party should verify evidence of payment to the undersigned. Date: [Insert (Company Name] By: [) (Signature] [Insert name of individual] Its: [) (Title])

Appears in 1 contract

Samples: dolanconcrete.com

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