Common use of CONTRACTOR PAYMENT Clause in Contracts

CONTRACTOR PAYMENT. The Lender will inspect the work for completion, conformity to specifications and workmanship and will require correction or completion, if necessary; • Lien waivers must be obtained from the contractor(s); and, • The Lender will prepare and deliver payment to the contractor(s).

CONTRACTOR PAYMENT.  The Lender will inspect the work for completion, conformity to specifications and workmanship and will require correction or completion, if necessary; •  Lien waivers must be obtained from the contractor(s); and, •  The Lender will prepare and deliver payment to the contractor(s).