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Mechanics definition

Mechanics notice and lien registry” means a centralized computer database maintained on the internet by the administrator that provides a central repository for the submission and management of preliminary notices, notices of commencement of work on residential construction properties, and mechanics’ liens on all construction properties.
Mechanics or "Builders' Lien Act" shall mean 1998 Builders' Lien Act.
Mechanics lien holder" means any person who has a lien on real property, or on the proceeds of a contract relating to real property, for services, labor, or materials furnished in connection with the construction or improvement of the property. A person has a lien on the earliest date the lien becomes valid against subsequent purchasers without actual notice, but not before the person begins to furnish the services, labor, or materials.

Examples of Mechanics in a sentence

  • Mechanics Bank, as servicer, has delivered this information as required pursuant to Section 5.06 of the Sale and Servicing Agreement.

  • Preference shall be given to providing training in the following skilled work classifications: Equipment Operators Office Engineers Truck Drivers Estimators Carpenters Iron / Reinforcing Steel Workers Concrete Finishers Mechanics Pipe Layers Welders The Department has established common training classifications and their respective training requirements that may be used by the contractors.

  • Furthermore, progress payments may be reduced by liens filed pursuant to Section 23(c) of the Mechanics Lien Act, 770 ILCS 60/23(c).

  • These remedies are a lien against public funds set forth in Section 23(c) of the Mechanics Lien Act, 770 ILCS 60/23(c), and a recovery on the Contractor’s payment bond according to the Public Construction Bond Act, 30 ILCS 550.

  • When referred to in these Contract Documents, "Mechanic's Lien" or "lien" means "Stop Notice".


More Definitions of Mechanics

Mechanics. Liens” means carriers’, warehousemen’s, laborers’, mechanics’, workmen’s, materialmen’s, repairmen’s, construction or other like statutory Liens.
MechanicsLien Act” means the Mechanics' Lien Act, R.S.N.B. 1973, c. M-6, as amended or replaced from time to time.
MechanicsLien Claim” means any Claim that is a: (a) Foster Wheeler Mechanics’ Lien Claim;
MechanicsLien Claimant” means: (a) Foster Wheeler; (b) Kvaerner; and/or (c) Siemens.
Mechanics or materialmen's liens, any liens or charges arising by reason of pledges or deposits to secure payment of workmen's compensation or other insurance, good faith deposits in connection with tenders, leases of real estate, bids or contracts (other than contracts for the payment of money), deposits to secure duties or public or statutory obligations, deposits to secure, or in lieu of, surety, stay or appeal bonds, and deposits as security for the payment of taxes or assessments or similar charges;
Mechanics and materialmen's liens, and Tenant shall give to Landlord written notice of the commencement of any construction in or on the Premises at least thirty (30) business days prior thereto. Prior to the commencement of any such construction, Landlord shall be furnished certificates of insurance, naming Landlord as an additional insured, evidencing that each contractor performing work has insurance acceptable to Landlord, including but not limited to general liability insurance of not less that Two Million Dollars ($2,000,000.00) and worker's compensation insurance in the statutorily required amount.