Partial Lien Waiver Clause Samples

A Partial Lien Waiver is a legal document used to relinquish a contractor’s or supplier’s right to file a lien against a property for a specific portion of work or payment received. Typically, this waiver is provided after a progress payment is made, covering only the amount paid up to that point, while preserving lien rights for any remaining unpaid work. Its core function is to facilitate ongoing payments during a project while protecting both the property owner from double payment and the contractor’s right to secure payment for outstanding balances.
POPULAR SAMPLE Copied 2 times
Partial Lien Waiver. Partial lien waivers from the Contractors and all subcontractors having performed work on the applicable Project in accordance with the requirements of Section 9.17 hereof; provided, that Borrower's failure to provide a lien waiver as to work covered by a portion of the Advance for a Project shall not prevent the entire Advance from being disbursed, just the applicable amount of the Advance not covered by the lien waiver.
View SourceView Similar (3)
Partial Lien Waiver. To All Whom It May Concern: Whereas, the undersigned has been employed by SDV Construction Inc. to furnish labor, skill, services, materials and/or equipment for work for the . Now therefore, this day of 20 , for and in consideration of the sum of $ , paid and received, the undersigned does hereby waive and release any lien rights to, or claim of lien with respect to and on, said above-described premises, and the improvements thereon, and on the monies or other considerations due or to become due from the owner, on account of labor, skill, service, material and/or equipment furnished by the undersigned to or for the above-described premises and improvements thereon to this date without prejudice to assert any lien as to future delivery, performance of furnishing that increase total value delivered, performed or furnished to more than the amount stated above, to the full extent allowed by law. .
View SourceView Similar (2)
Partial Lien Waiver. To All Whom It May Concern: Whereas, the undersigned has been employed by SDV Construction Inc. to furnish labor, skill, services, materials and/or equipment for the Now therefore, this day of 20 , for and in consideration of the sum of $ , paid and received, the undersigned does hereby waive and release any lien rights to, or claim of lien with respect to and on, said above-described premises, and the improvements thereon, and on the monies or other considerations due or to become due from the owner, on account of labor, skill, service, material and/or equipment furnished by the undersigned to or for the above-described premises and improvements thereon to this date without prejudice to assert any lien as to future delivery, performance of furnishing that increase total value delivered, performed or furnished to more than the amount stated above, to the full extent allowed by law. Signature Date Title SUBSCRIBED AND SWORN BEFORE ME by On this the day of _ 20 , to certify which witness my hand and seal of office. (NOTARY SEAL) Notary Public in and for the State of FINAL LIEN WAIVER To All Whom It May Concern:
View Source

Related to Partial Lien Waiver

  • General Lien In addition and without prejudice to any rights to which we may be entitled under this Agreement or any Applicable Regulations, we shall have a general lien on all property held by us or our Associates or our nominees on your behalf until the satisfaction of the Secured Obligations.

  • Sale and Leaseback The Borrower will not, and will not permit any of its Subsidiaries to, enter into any arrangement, directly or indirectly, whereby the Borrower or any Subsidiary of the Borrower shall sell or transfer any property owned by it in order then or thereafter to lease such property or lease other property that the Borrower or any Subsidiary of the Borrower intends to use for substantially the same purpose as the property being sold or transferred.

  • Sale and Lease-Back Transactions Enter into any arrangement, directly or indirectly, with any person whereby it shall sell or transfer any property, real or personal, used or useful in its business, whether now owned or hereafter acquired, and thereafter rent or lease such property or other property which it intends to use for substantially the same purpose or purposes as the property being sold or transferred unless (a) the sale of such property is permitted by Section 6.05 and (b) any Capital Lease Obligations, Synthetic Lease Obligations or Liens arising in connection therewith are permitted by Sections 6.01 and 6.02, as the case may be.

  • Sale and Leasebacks The Borrower will not enter into any arrangement, directly or indirectly, with any Person whereby the Borrower shall sell or transfer any of its Property, whether now owned or hereafter acquired, and whereby the Borrower shall then or thereafter rent or lease such Property or any part thereof or other Property that the Borrower intends to use for substantially the same purpose or purposes as the Property sold or transferred.

  • Disposal of Property a) Prior to disposal of any property purchased with funds from this Contract or any predecessor Contract, Subrecipient must obtain approval from CDA for reportable property. Disposition, which includes sale, trade-in, discarding, or transfer to another agency may not occur until approval is received from CDA. Subrecipient shall email to County the electronic version of the Request to Dispose of Property (CDA 248). CDA will then instruct County on disposition of the property, and County will notify Subrecipient. Once approval for disposal has been received from CDA, and the County has reported to CDA the Property Survey Report’s (STD 152) Certification of Disposition, the item(s) shall be removed from Subrecipient’s inventory report. b) Subrecipient must remove all confidential, sensitive, or personal information from CDA property prior to disposal, including removal or destruction of data on computing devices with digital memory and storage capacity. This includes, but is not limited to magnetic tapes, flash drives, personal computers, personal digital assistants, cell or smart phones, multi-function printers, and laptops.