Lien Period definition

Lien Period means the period during which the Contractor and any subcontractors, labor suppliers and materialsmen providing services or materials for the Tenant Improvements may file a lien against the Property of otherwise enforce lien rights.
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Lien Period means, for the purposes of Sections 9(b)(i) and 9(c), the period of time set out in section 18(1) of the Prompt Payment and Construction Lien Act and, for the purposes of Section 9(b)(ii), the period of time set out in section 23(1) of the Prompt Payment and Construction Lien Act.
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Examples of Lien Period in a sentence

  • There may be transactions where no Improvements have been made within the 120-Day Lien Period but work under an executory contract with the Owner continues after closing.

  • Owner: (NOTE: A separate Agreement is required for each successive owner in the 120-Day Lien Period and the Contractors who have contracted or dealt with that Owner.

  • Owner: (NOTE: There can be more than one Owner if the Property has been owned by multiple parties or has been conveyed within the 120-Day Lien Period.

  • Owner: Any person or entity, as defined in NCGS Chapter 44A, Article 2, who has or has had any interest in the Property within the 120-Day Lien Period.

  • A CONTRACTOR CANNOT BE THE OWNER) 🗌 Attached: ADDITIONAL SIGNATURE PAGE(S) for all Contractors providing or who have provided Labor, Services or Materials within the 120-Day Lien Period.

  • A CONTRACTOR CANNOT BE THE OWNER)  Attached: ADDITIONAL SIGNATURE PAGE(S) for all Contractors providing or who have provided Labor, Services or Materials within the 120-Day Lien Period.

  • A separate Agreement is required for each successive owner in the 120-Day Lien Period and the Contractors who have contracted or dealt with that Owner.) Contractor(s): (NOTE: There can be more than one Contractor contracting or dealing with an Owner.

  • DO NOT RELY ON CONSTRUCTION LICENSING DEFINITIONS.) 120-Day Lien Period: The 120 days immediately preceding the date of recordation of the latter of the deed to purchaser or Deed of Trust to Lender, as referenced herein, in the Office of the Register of Deeds of the county in which the Property is located.

  • Barclays is hereby appointed as the Administrative Agent and, during any Springing Lien Period, Collateral Agent (in such capacity, the “Collateral Agent”) hereunder and under the other Loan Documents and each Lender hereby authorizes Barclays to act as the Administrative Agent and the Collateral Agent in accordance with the terms hereof and the other Loan Documents.

  • If no Contractor is identified above, Owner certifies that any Improvements to the Property made within the 120-Day Lien Period were made by Owner without the assistance of a contractor or were minor repairs to pre-existing Improvements.

Related to Lien Period

  • Open Period means the period beginning on and including the Trading Day immediately following the Effective Date and ending on the earlier to occur of (i) the date which is thirty-six (36) months from the Effective Date; or (ii) termination of the Agreement in accordance with Section 9, below.

  • Wind-Down Period has the meaning set forth in Section 10.6(c).

  • PEA Period means the period commencing at 9:30 a.m., Eastern time, on the fifth (5th) Business Day immediately prior to the filing of any post-effective amendment to the Registration Statement (as defined herein) or New Registration Statement (as such term is defined in the Registration Rights Agreement), and ending at 9:30 a.m., Eastern time, on the Business Day immediately following, the effective date of any post-effective amendment to the Registration Statement (as defined herein) or New Registration Statement (as such term is defined in the Registration Rights Agreement).

  • Ten Percent Holder means a person who owns stock representing more than ten percent (10%) of the voting power of all classes of stock of the Company or any Parent or Subsidiary.

  • Drawdown Period means, in relation to an Advance, the period commencing on the date of this Agreement and ending on the relevant Termination Date or the period ending on such earlier date (if any) on which (a) the aggregate amount of all Advances is equal to the Commitment or (b) the Commitment is reduced to zero pursuant to clauses 4.3, 10.2 or 12 or (c) Delivery of the Ship relevant to such Advance occurs;