Lien Release definition

Lien Release means a lien release in favor of the Vessel and the Owner, executed by Builder and each Material Subcontractor or Supplier, in the form of Exhibit G.

Lien Release means a document in form acceptable to Purchaser which, when filed in the records of the FAA Civil Aviation Registry, will cause a recorded Lien affecting the Aircraft to be terminated and released.

Lien Release has the meaning set forth in Section 2.5(b)(ii).

Examples of Lien Release in a sentence

• BDDD will compare the Final Monthly Participation Report submitted by the Contractor to determine if the Final Lien Release dollar figures match what is contained within the Final Monthly Participation Report.

• The Contractor will present copies of all signed BDDD Final Lien Release forms for M/WBE firms utilized for participation on the Contract.

• Each Application for Payment shall be accompanied by a Lien Release and Affidavit from each subcontractor and each supplier showing that all materials, labor, equipment and other bills associated with that portion of the work in which payment is being requested for have been paid in full.

• It is recommended that the Lien Release Fee be charged to the Delinquent Account at the same time as the Lien Recording Fee.

• No later than 60 calendar days after the issuing of the Notice of Completion, and subject to the Contractor’s presentation of the necessary number of the Unconditional Waiver and Lien Release (see Section 7.3) from all subcontractors, the Owner will pay to the Contractor the entire sum so found to be due after deducting there from all previous payments and all amounts retained under the provisions of the Contract.

More Definitions of Lien Release

Lien Release means the release by PNC Bank and certain other lenders of any liens applicable to the Sold Assets pursuant to (i) the Third Amended and Restated Credit Agreement dated August 24, 2010 (as amended), and (ii) the Amended and Restated Receivables Purchase Agreement dated May 31, 2011 (as amended).

Lien Release means the Lien Release in the form attached hereto as Exhibit A.

Lien Release means those certain UCC-3 Financing Statements and other documents releasing a lien against any assets of any Borrower.

Lien Release means an agreement by a Person holding a security interest, lien, or other Encumbrance in an Acquired Asset to unconditionally and completely release said security interest, lien, or other Encumbrance immediately before the Closing.

Lien Release means the release by PNC Bank and certain other lenders of anyEncumbrances applicable to the Sold Assets pursuant to the Third Amended and Restated Credit Agreement dated August 24, 2010 (as amended).

Lien Release means a letter addressed to Senior Purchaser, Subordinated ------------ Purchaser, Seller and Cityside from First Bank National Association, submitted in a connection with a Purchase Notice, referencing such Purchaser Notice and the Receivables therein described and stating that upon receipt by First Bank National Association of immediately available funds in a specified amount each and every security interest, lien, pledge, right, title, claim and interest of First Bank National Association in and to the referenced Receivables and all related Contracts, Related Security, Collections and all other Property with respect thereto shall be deemed automatically terminated, satisfied, released and cancelled, without any further notice by or writing of First Bank National Association, in form and content reasonably acceptable to the Administrator and Subordinated Purchaser.

Lien Release shall have the meaning set forth in Section 39(a). .