Final Lien Release definition

Final Lien Release means the final release of liens to be provided at the time of final completion of the Tenant Work, and in all events prior to Landlord making final payment of any unfunded portion of Landlord’s Contribution relating to the applicable portion of the work in question. Final Lien Releases shall (i) be executed and delivered by Tenant’s Contractor and any and all subcontractors and/or materialmen supplying labor and/or materials in connection with the Tenant Work performed under the Tenant's Contractor's construction contract with Tenant, and (ii) be in form and substance reasonably satisfactory to Landlord. ACTIVE/91437610.6
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Final Lien Release shall have the meaning set forth in Section 39(b). “ ” shall mean . and its successors and assigns. “ ” means and its successors and assigns. assigns.
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Examples of Final Lien Release in a sentence

  • Final Lien Waiver from the General Contractor and all Suppliers and Subcontractors, or if any Supplier or Subcontractor refuses to furnish a Final Lien Release, a bond satisfactory to Borrower, Lender and Title Company indemnifying against any such Lien.

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

  • Application for payment shall use WPI’s required forms, which may include Application for Payment Form, Interim and Final Lien Release Form or whichever forms that WPI requests and/or is required by Contractor or Owner and must be submitted by the 18th of the month or sooner, in order to facilitate application for payment from the Contractor.

  • Application for payment shall use WPI’s required forms, which may include Application for Payment Form, Interim and Final Lien Release Form or whichever forms that WPI requests and/or is required by Contractor or Owner for the Work and must be submitted by the 18th of the month or sooner, in order to facilitate application for payment from the Contractor.

  • The Contractor will use the following methodology for final reconciliation of M/WBE participation performance achieved during the Contract term, measured against the established project goal: The Contractor will present copies of all signed DSBO Final Lien Release forms for M/WBE firms utilized for participation on the Contract, unless otherwise recorded and stored on Textura® as required by Contract.

  • Said allowance shall be reimbursed within ten (10) days after ▇▇▇▇▇▇ has opened for business and provided Landlord with receipt of its Certificate of Occupancy and Final Lien Release from Tenant’s contractor(s) and at Landlord’s option in either cash or rent credit.

  • DESIGN-BUILDER: OWNER: Date: Date: Contractor Registration No. A – Design Criteria B-1 – Conditional Lien Release B-2 – Final Lien Release C – Disclosure Statement Notice to Customer D – Change Order Form E – Initial Project Schedule F – Insurance Specifics G – Express Limited Home Warranty H – Assignment of Manufacturers’ Warranty Owner’s Design Criteria: 1.

  • The invoice for the final payment according to the Schedule of Values shall be accompanied by a final release of liens from Contractor in the form of Exhibit R, Form of Final Lien Release.

  • DESIGN-BUILDER: OWNER: Date: Date: Contractor Registration No. A – Design Criteria B – Contract Price Detail C-1 – Conditional Lien Release C-2 – Final Lien Release D – Disclosure Statement Notice to Customer E – Change Order Form F – Initial Project Schedule G – Insurance Specifics H – Express Limited Home Warranty I - Assignment of Manufacturers’ Warranty Owner’s Design Criteria: 1.

  • Release of retainage depends upon whether the Subcontractor’s and Sub-Subcontractor’s work is one hundred percent (100%) completed, has been reviewed by Construction Manager at Risk and Owner and determined by Owner to be satisfactory, and an executed Final Lien Release for such Subcontractor’s and Sub-Subcontractor’s work has been obtained and presented to Owner.

Related to Final Lien Release

  • Initial Lien as defined in Subsection 8.6.

  • Environmental Lien means any Lien in favor of any Governmental Authority for Environmental Liabilities and Costs.

  • Other Priority Claim means any Claim other than an Administrative Claim or a Priority Tax Claim entitled to priority in right of payment under section 507(a) of the Bankruptcy Code.

  • Discharge of Second Lien Obligations means the occurrence of all of the following:

  • Permitted Prior Working Capital Lien means, with respect to any borrower under a Bank Loan, a security interest to secure a senior facility for such borrower and/or any of its parents and/or subsidiaries; provided that (i) such Bank Loan has a second priority lien on the collateral that is subject to the first priority lien of such senior facility (or a pari passu lien on such collateral), (ii) such senior facility is not secured by any other assets (other than a pari passu lien or a second priority lien, subject to the pari passu or first priority lien of the Bank Loan) and does not benefit from any standstill rights or other agreements (other than customary rights) with respect to any other assets and (iii) the maximum outstanding principal amount of such senior facility is not greater than 15% of the aggregate enterprise value of such borrower (as determined at the time of closing of the transaction, and thereafter an enterprise value for such borrower determined in a manner consistent with the valuation methodology applied in the valuation for such borrower as determined by the Advisor (so long as it has the necessary delegated authority) or the Borrower’s board of directors (or the appropriate committee thereof with the necessary delegated authority) in a commercially reasonable manner, including the use of an Approved Third-Party Appraiser in the case of Unquoted Investments).