Lien Release definition

Lien Release means a document in form acceptable to Purchaser which, when filed in the records of the FAA Civil Aviation Registry, will cause a recorded Lien affecting the Aircraft to be terminated and released.

Lien Release means the release by PNC Bank and certain other lenders of any liens applicable to the Sold Assets pursuant to (i) the Third Amended and Restated Credit Agreement dated August 24, 2010 (as amended), and (ii) the Amended and Restated Receivables Purchase Agreement dated May 31, 2011 (as amended).

Lien Release means a lien release in favor of the Vessel and the Owner, executed by Builder and each Material Subcontractor or Supplier, in the form of Exhibit G.

Examples of Lien Release in a sentence

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

• The Contractor will present copies of all signed BDDD Final Lien Release forms for M/WBE firms utilized for participation on the Contract.

• LIEN RELEASE AND AFFIDAVITEach Application for Payment shall be accompanied by a Lien Release and Affidavit from each subcontractor and each supplier showing that all materials, labor, equipment and other bills associated with that portion of the work in which payment is being requested for have been paid in full.

• Each Application for Payment shall be accompanied by a Lien Release and Affidavit from each subcontractor and each supplier showing that all materials, labor, equipment and other bills associated with that portion of the work in which payment is being requested for have been paid in full.

• If witnessed by an authorized Department representative, the name and validation stamp or employee identification number, as applicable, must appear on the affidavit.Note: A Lien Release (Form VP-186) is available from the Department.

More Definitions of Lien Release

Lien Release means those certain UCC-3 Financing Statements and other documents releasing a lien against any assets of any Borrower.

Lien Release has the meaning set forth in Section 2.3.

Lien Release means the lien release executed and delivered by the Contractor in the form of EXHIBIT 4 hereto, which shall contain:

Lien Release has the meaning set forth in Section 2.5(b)(ii).

Lien Release means a duly executed Release of Security Interests and Authorization to File UCC Financing Statements in the form attached hereto as Exhibit C.

Lien Release means the Lien Release in the form attached hereto as Exhibit A.

Lien Release means a lien release in favor of the Vessel and Owner, executed by Builder, in the form of Exhibit D.