Common use of CONDITIONAL WAIVER AND RELEASE Clause in Contracts

CONDITIONAL WAIVER AND RELEASE. In addition to the requirements of Section 6.5.1 herein, prior to PG&E ES making any progress or final payment to SUBCONTRACTOR. SUBCONTRACTOR shall provide to PG&E ES a Conditional Waiver and Release at time of invoicing, in a form acceptable to PG&E ES, that states that upon receipt of payment from PG&E ES for Work under the Work Order, SUBCONTRACTOR shall waive and release any right to a mechanic's lien, stop notice, or any right against any bond for Work completed to date, except for any disputed amount identified in the waiver and release.

Appears in 4 contracts

Samples: Subcontractor Master Agreement (Demarco Energy Systems of America Inc), Subcontractor Master Agreement (Demarco Energy Systems of America Inc), Subcontractor Master Agreement (Demarco Energy Systems of America Inc)

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