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 Webcor /Obayashi Joint Venture on the job of Transbay Joint Powers Authority located at (Your Customer) (Owner)