{"component": "definition", "props": {"groups": [{"snippet": "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.", "size": 5, "samples": [{"hash": "6OtpADRgQzQ", "uri": "/contracts/6OtpADRgQzQ#lien-release", "label": "Vessel Construction Agreement", "score": 31.3408622742, "published": true}, {"hash": "8QlyIYLgqqt", "uri": "/contracts/8QlyIYLgqqt#lien-release", "label": "Vessel Construction Agreement (Hornbeck Offshore Services Inc /La)", "score": 23.1601638794, "published": true}], "snippet_links": [{"key": "in-favor-of", "type": "definition", "offset": [21, 32]}, {"key": "the-vessel", "type": "definition", "offset": [33, 43]}, {"key": "the-owner", "type": "definition", "offset": [48, 57]}, {"key": "executed-by", "type": "definition", "offset": [59, 70]}, {"key": "material-subcontractor-or-supplier", "type": "definition", "offset": [88, 122]}, {"key": "form-of", "type": "definition", 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{"snippet": "means payoff letters or releases in form and substance satisfactory to Venanpri with respect to each item of Indebtedness of Griffon and its Subsidiaries set forth on Section 7.9(c) of the \u2587\u2587\u2587\u2587 Disclosure Schedules duly executed by the applicable creditors in customary and legally effective form (a) setting forth all amounts (including principal and accrued but unpaid interest) necessary to be paid to repay in full any such amounts through the Closing Date, (b) providing that, upon payment in full of such amounts, all obligations owed to such holder with respect to such amounts are satisfied and released in their entirety, (c) providing that upon payment in full of such amounts, all Liens and other collateral securing such amounts are terminated and released, and (d) accompanied by appropriate UCC financing statement termination statements and PPSA financing change statements (discharges or partial discharges, as applicable).", "size": 1, "samples": 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by the Borrower (such actions and such execution, the \u201cRelease Actions\u201d), at the Borrower\u2019s sole cost and expense, in connection with a <strong>Lien Release</strong> Event, Release/ Subordination Event or Guaranty Release Event and that such actions are not discretionary.", "Nothing contained herein shall prevent the Authority, at the cost and for the account of StadCo, from obtaining and filing, at StadCo\u2019s expense, a <strong>Lien Release</strong> Bond, in the event StadCo fails or refuses to furnish the same within said thirty (30)-day period (or such longer period as is reasonably necessary to procure such bond but not to exceed sixty (60) days), in which event StadCo shall reimburse the Authority for the premium on such bond plus interest at the Default Rate.", "The Administrative Agent has received a fully executed copy of the Payoff Letter and evidence satisfactory to it that the Natixis <strong>Lien Release</strong> will be obtained on the date that the initial Advance is made.", "Lienor has executed and delivered this <strong>Lien Release</strong> and Waiver as of , 20 .", "The purchase orders with contractors for each of the projects, including any <strong>Lien Release</strong> and Waiver forms that are not executed.", "From and after a <strong>Lien Release</strong> Event and prior to any subsequent Ratings Trigger Event, any provision set forth herein or in any other Loan Document requiring the consent of the Collateral Agent or actions required in connection with Collateral (including delivery of opinions with respect thereto) shall be disregarded.", "If required by the Company, the Contractor shall submit a completed and properly executed Partial <strong>Lien Release</strong>, as set forth in the Agreement, with each invoice, for the Work included in such invoice.", "Any <strong>Lien Release</strong> Dividend or substitution of a \u201cDelinquent Loan\u201d or a \u201cCharged-Off Loan\u201d (as each such term is defined in the Original Agreement) effected pursuant to the Original Agreement during the 12-month period immediately preceding the date of determination shall be included in this calculation.", "A final compliance inspection report from the approved inspector stating all Work has been satisfactorily completed; Contractor\u2019s <strong>Lien Release</strong> and the Borrower\u2019s Letter of Completion must be received by the Lender within two (2) weeks of completion or One Hundred Eighty (180) days from the date of the note, whichever is earlier.", "Lienor has executed and delivered this <strong>Lien Release</strong> and Waiver as of , 201 ."], "related": [["second-lien-representative", "Second Lien Representative", "Second Lien Representative"], ["first-lien-representative", "First Lien Representative", "First Lien Representative"], ["junior-lien-representative", "Junior Lien Representative", "Junior Lien Representative"], ["priority-lien-representative", "Priority Lien Representative", "Priority 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