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Partial Lien Waiver
"I need a Partial Lien Waiver for a commercial construction project in Cardiff where we've received £250,000 out of a £750,000 contract, with the payment period covering work completed up to March 15, 2025."
1. Project Identification: Details of the construction project including address, contract reference, and parties involved
2. Waiver Amount: Specific amount being waived and payment details, including reference to any prior payments
3. Payment Period: Time period covered by the waiver and relevant payment dates
4. Retained Rights: Statement of rights being retained and scope of the partial waiver
5. Execution Block: Signature blocks, witness sections, and notarization requirements
1. Conditional Clauses: Additional terms specifying conditions that must be met for the waiver to be effective
2. Third Party Rights: Provisions addressing the rights of subcontractors, suppliers, or other third parties
3. Dispute Resolution: Procedures for resolving any disputes related to the partial lien waiver
1. Payment Schedule: Detailed breakdown of payments made and outstanding amounts
2. Project Schedule: Timeline of work completed and remaining work covered by the waiver
3. Supporting Documents: List of referenced contracts, change orders, or other relevant documentation
Authors
Project Description
Payment Acknowledgment
Waiver of Rights
Release of Claims
Scope of Waiver
Retained Rights
Payment Details
Representations and Warranties
Conditional Statements
Exceptions and Reservations
Period Coverage
Notice Requirements
Governing Law
Severability
Authority to Execute
Certification
Third Party Rights
Entire Agreement
Execution Requirements
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