Common use of At Substantial Completion Clause in Contracts

At Substantial Completion. Contractor shall supply Owner with a waiver and release of liens and security interests to the extent payment is received in substantially the form set forth in Exhibit D, duly executed and acknowledged by Contractor in order to assure an effective release of mechanics’ or materialmen’s liens to the extent permitted under Law. The waiver or release of liens shall provide that amounts that were due and payable to Contractor in connection with the Work as of such date have been paid and that Contractor waives, releases or relinquishes any lien, security interest or claim for payment to the extent such payment is received by Contractor.

At Substantial Completion. Contractor shall supply Owner with a waiver and release of liens and security interests to the extent payment is received in substantially the form set forth in Exhibit D, duly executed and acknowledged by Contractor in order to assure an effective release of mechanics’ or materialmen’s liens to the extent permitted under Law. The waiver or release of liens shall provide that amounts that Stone & ▇▇▇▇▇▇▇ ▇ ▇▇▇▇ Group Company were due and payable to Contractor in connection with the Work as of such date have been paid and that Contractor waives, releases or relinquishes any lien, security interest or claim for payment to the extent such payment is received by Contractor.