Lien Waivers definition

Lien Waivers means a waiver of all liens relating to a Project executed by any and all contractors, subcontractors and/or suppliers of a Borrower who have provided any goods or services relating to Improvements.

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Lien Waivers. The AGENCY shall require its subcontractors and suppliers to seek payment for weatherization services only from the AGENCY. Subcontractors and suppliers are prohibited from taking any collection action for payment from the OWNER for property serviced under this Agreement.

Lien Waivers has the meaning assigned to such term in Section 5.3.1(e).

Examples of Lien Waivers in a sentence

• With respect to any location of Collateral subject to a Material Third-Party Agreement entered into after the Closing Date, each Loan Party shall use commercially reasonable efforts to provide the Administrative Agent with Lien Waivers with respect to the premises subject to such Material Third-Party Agreements.

• Except as provided in the preceding sentence, Bulk Order Subcontractors are not required to provide Interim Conditional Lien Waivers.

• For the purposes of Interim Conditional Lien Waivers and Interim Unconditional Lien Waivers, Bulk Order Subcontractors shall not be considered a Lien Waiver Subcontractor.

• Loan Parties acknowledge that if such Lien Waivers are not delivered, then, at the election of the Administrative Agent, all or a portion of the Collateral at such locations may be deemed ineligible for inclusion in the Borrowing Base and/or the Administrative Agent may establish a Rent and Charges Reserve for such location.

• Use commercially reasonable efforts to deliver Lien Waivers for each of the Obligor’s leased locations that constitutes a Large Inventory Location and for each of the Obligor’s leased locations in a Landlord Lien State.

• Loan Parties acknowledge that if such Lien Waivers are not delivered, then, at the election of the Administrative Agent, all or a portion of the Collateral at such locations may be deemed ineligible for inclusion in the Borrowing Base or in its Credit Judgment the Administrative Agent may establish a Rent and Charges Reserve for such location.

• Notwithstanding anything herein to the contrary, Lien Waivers shall be deemed delivered for 30 days following the Closing Date with respect to any landlord, warehouseman, processor, shipper, customs broker, freight forwarder, repairman, mechanic, bailee or Licensor that executed and delivered the equivalent of a Lien Waiver under the ABL DIP (as defined in the definition of “DIP Facilities”).

• Each requisition shall contain Lien Waivers and bills, invoices, evidence of payment or such other evidence that Project Costs for which disbursement is requested has been incurred by the Company.

• Notwithstanding the foregoing, Tenant shall not be required to deliver Lien Waivers at the time of the first requisition, but shall deliver the Lien Waivers and evidence of payment of the first requisition in full within five (5) days following payment of Landlord’s Contribution with respect to such first requisition.

• In the event a Credit Party is unsuccessful in obtaining such Lien Waivers, the Administrative Agent may, without limiting the generality of its discretionary rights with respect to Reserves, impose Reserves with respect to such location or with respect to any Collateral held by such Person.

More Definitions of Lien Waivers

Lien Waivers. The OWNER receiving weatherization services has no obligation to pay for weatherization services. The AGENCY, its subcontractors and suppliers are prohibited from taking any collection action for payment from the OWNER for property serviced under this Agreement.

Lien Waivers from the General Contractor and, if requested by Lendert, subcontractors, or suppliers covered by a previous Requisition in form approved by Lender;

Lien Waivers means contractors waivers of liens and subordination in commercially reasonable form and acceptable to the issuer of the title insurance policy to insure the priority of each and every Advance (or, if applicable, other disbursements hereunder) providing that the general contractor has been paid for all work except as provided for in the subject requisition or agreed-upon retainage, waiving all Lien rights for work completed except for rights relating to the requisitioned payment or future work to be performed.

Lien Waivers means collectively the Landlord Lien Waiver, Access Agreement and Consents executed by each respective landlord for the benefit of Bank regarding the Land and Building Real Property, each dated as of the date hereof, as amended, supplemented or otherwise modified and in effect from time to time.

Lien Waivers means lien waivers or releases from the General Contractor, subcontractors and suppliers evidencing payment of Hard Costs.