Lien Period definition

Lien Period means the period during which the Contractor and any subcontractors, labor suppliers and materialmen 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 10.3(3)(a) and 10.3(4), the period of time set out in section 18(1) or 18(1.2), as applicable, of the Prompt Payment and Construction Lien Act and, for the purposes of Section 10.3(3)(b), the period of time set out in section 23(1) or 23(1.2), as applicable, of the Prompt Payment and Construction Lien Act, as specified in the Special Conditions.
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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

  • A Fifteen (15%) percent holdback will be retained during construction and for sixty days following Substantial Performance of Work as the Owner's protection during the Mechanic's Lien Period.

  • 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 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.

  • 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.

  • 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.

  • A twenty (20) percent holdback will be retained during construction and for sixty days following substantial completion as the Owner's protection during the Mechanic's Lien Period.


More Definitions of Lien Period

Lien Period. Means a period of 30 days from the Entry Date or rejoining of the Member into the Scheme, as the case maybe.
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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 the period commencing on the Execution Date and ending on the earlier of (i) 30 April 2012 and (ii) any date on which the Commitment is finally cancelled or fully drawn under the terms of this Agreement;

  • Ten Percent Owner means an employee who owns or is deemed to own (by reason of the attribution rules of Section 424(d) of the Code) more than 10 percent of the combined voting power of all classes of stock of the Company or any parent or subsidiary corporation.

  • Ten Percent Owner Optionee means an Optionee who, at the time an Option is granted to the Optionee, owns stock possessing more than ten percent (10%) of the total combined voting power of all classes of stock of a Participating Company within the meaning of Section 422(b)(6) of the Code.

  • PAGA Period means the period from May 10, 2021, through April 4, 2023.

  • Buydown Period The period of time when a Buydown Agreement is in effect with respect to a related Buydown Mortgage Loan.

  • Ten Percent Shareholder means a person who owns (or is deemed to own pursuant to Section 424(d) of the Code) stock possessing more than 10% of the total combined voting power of all classes of stock of the Company or of any of its Affiliates.

  • Application Period means the months beginning with the month in which the application is considered to be filed, through and including the month in which an eligibility determination is made.

  • Second Draw Period is the period commencing on December 1, 2015 and ending on the earlier of (i) January 31, 2016 and (ii) the occurrence of an Event of Default; provided, however, that the Second Draw Period shall not commence if on December 1, 2015, an Event of Default has occurred and is continuing.

  • Lock-in Period means the period of five consecutive years from the date of commencement of the policy, during which period the proceeds of the discontinued policies cannot be paid by the insurer to the policyholder or to the insured, as the case may be, except in the case of death or upon the happening of any other contingency covered under the policy.

  • Strike Period means from and including 19 July 2024 to and including 23 July 2024

  • Recapture Period means the period commencing on the Effective Date and ending on the fifth anniversary of the last date that a Project owned by the Company is Placed in Service.

  • Coupon Period means the period commencing on (and including) the Issue Date and ending on (but excluding) the first Coupon Payment Date and each successive period commencing on (and including) a Coupon Payment Date and ending on (but excluding) the next succeeding Coupon Payment Date;

  • Release Period means the period specified in paragraph 3(d) of the letter of consent.

  • return period means the period following expiry of the maximum parking stay in that parking place during which the driver shall not return the vehicle to the parking place;

  • Cover Period means the period from the cover start date to the cover end date.

  • Twelve-Month Period means a period of twelve consecutive months determined on a rolling basis where a new twelve month period begins on the first day of each calendar month.

  • Option Period means the period during which an Option may be exercised.

  • Ramp Period The Ramp Period begins on the Effective Date and ends after three (3) full months. At all times during the Ramp period, Customer will receive the rates, discounts, charges and credits in the agreement and will not be subject to an AVC. Annual Volume Commitment (“AVC”): Customer agrees to pay Company no less than $2,836,000 in Total Service Charges in each twelve-month period during the Initial Term (“Contract Year”), which is the Annual Volume Commitment (“AVC”).

  • Renewal Period “Buyer” and “Default” have the same meanings respectively as they have in the Water Agreement.

  • Prior Month Receipt Period With respect to each Distribution Date, the calendar month preceding the month in which such Distribution Date occurs.

  • Tail Period has the meaning set forth in Section 6.3(b).

  • Start-up period means up to a maximum of 7 Academy Financial Years and covers the period up to and including the first Academy Financial Year in which all age groups are present at the Academy (that is, all the pupil cohorts relevant to the age-range of the Academy will have some pupils present).