Common use of Waiver of Lien by the Supplier Clause in Contracts

Waiver of Lien by the Supplier. The Supplier hereby waives from the moment of Acceptance any possessory lien, mechanic’s lien or similar possessory or retention right (in Hebrew: "ןובכיע תוכז") and preservation of ownership (in Hebrew: "תולעב רומיש") (collectively, "Retention Rights") against ISR with regard to the TTS, including, but not limited to, the items of the TTS that are in the possession of the Supplier in the Supplier’s workshops or which are in the possession of Subcontractors. The Supplier represents and warrants that the consideration to be paid by ISR under this Agreement includes ample financial provisions concerning the waiver by the Supplier of all Retention Rights with regard to the Works, and the payments to be made by the Supplier to its Subcontractors contain ample financial provisions for the insertion of a clause requiring a similar waiver by said Subcontractor in connection with the Works.

Appears in 3 contracts

Samples: Agreement No., Agreement No., Agreement No.

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Waiver of Lien by the Supplier. The Supplier hereby waives from the moment of Final Acceptance any possessory lien, mechanic’s lien or similar possessory or retention right (in Hebrew: "ןובכיע תוכז") and preservation of ownership (in Hebrew: "תולעב רומיש" רומיש תולעב") (collectively, "Retention Rights") against ISR ASSOCIATION with regard to the TTSFACILITY, including, but not limited to, the items of the TTS FACILITY that are in the possession of the Supplier in the Supplier’s workshops or which are in the possession of Subcontractors. The Supplier represents and warrants that the consideration to be paid by ISR ASSOCIATION under this Agreement includes ample financial provisions concerning the waiver by the Supplier of all Retention Rights with regard to the Works, and the payments to be made by the Supplier to its Subcontractors contain ample financial provisions for the insertion of a clause requiring a similar waiver by said Subcontractor in connection with the Works.

Appears in 2 contracts

Samples: www.tasmc.org.il, www.tasmc.org.il

Waiver of Lien by the Supplier. The Supplier hereby waives from the moment of Final Acceptance any possessory lien, mechanic’s lien or similar possessory or retention right (in Hebrew: "ןובכיע תוכז") and preservation of ownership (in Hebrew: "תולעב רומיש") (collectively, "Retention Rights") against ISR with regard to the TTSPCM, including, but not limited to, the items of the TTS PCM that are in the possession of the Supplier in the Supplier’s workshops or which are in the possession of Subcontractors. The Supplier represents and warrants that the consideration to be paid by ISR under this Agreement includes ample financial provisions concerning the waiver by the Supplier of all Retention Rights with regard to the Works, and the payments to be made by the Supplier to its Subcontractors contain ample financial provisions for the insertion of a clause requiring a similar waiver by said Subcontractor in connection with the Works.

Appears in 1 contract

Samples: Agreement No.

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Waiver of Lien by the Supplier. The Supplier hereby waives from the moment of Final Acceptance any possessory lien, mechanic’s lien or similar possessory or retention right (in Hebrew: "ןובכיע תוכז") and preservation of ownership (in Hebrew: "תולעב רומיש") (collectively, "Retention Rights") against ISR with regard to the TTSMSRS, including, but not limited to, the items of the TTS MSRS that are in the possession of the Supplier in the Supplier’s workshops or which are in the possession of Subcontractors. The Supplier represents and warrants that the consideration to be paid by ISR under this Agreement includes ample financial provisions concerning the waiver by the Supplier of all Retention Rights with regard to the Works, and the payments to be made by the Supplier to its Subcontractors contain ample financial provisions for the insertion of a clause requiring a similar waiver by said Subcontractor in connection with the Works.

Appears in 1 contract

Samples: Agreement No.

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