Common use of RELEASE AND AFFIDAVIT Clause in Contracts

RELEASE AND AFFIDAVIT. as Condition to Final Payment (a) that it has resolved any claims made by Subcontractors, Utility Owners, and others against Design-Builder or the Project; (b) that it has no reason to believe that any Person has a valid claim against Design-Builder or the Project that has not been communicated in writing by Design-Builder to VPRA as of the date of the certificate; and (c) that all Guarantees and Warranties are in full force and effect. The release and the affidavit will survive Final Payment. The payment amount will be reduced by any amounts deductible under Section 11.4.