Unconditional Lien Waiver
Unconditional Lien Waiver
I. WAIVER OF LIEN RIGHTS
Project Name: Sunrise Community Center Renovation
Project Address: Garland, TX 75040
In consideration of the receipt and sufficiency of the payment in the amount of $25,000 received from [YOUR COMPANY NAME] for the labor, materials, equipment, and/or services provided in connection with the project referenced above, the undersigned hereby unconditionally waives and releases any right, lien, claim, or demand that the undersigned, its heirs, successors, or assigns may have on the above-named project property or the payments made thereon.
II. ACKNOWLEDGMENT OF PAYMENT
The undersigned confirms that it has received full payment for the labor, materials, equipment, and/or services provided in connection with the Sunrise Community Center Renovation at Garland, TX 75040 and confirms there are no further claims for compensation related to the work performed.
III. REPRESENTATION AND WARRANTY
The undersigned warrants that it has the full authority to waive and release any and all lien rights as stated in this waiver and that no other parties hold a legal right to file a lien or claim related to the work or materials provided under the above-named project.
IV. TERMS AND CONDITIONS
This Unconditional Lien Waiver is binding upon the undersigned, its successors, heirs, and assigns, and is irrevocable once payment has been received. Should any future claims or liens arise, the undersigned agrees to defend and indemnify [YOUR COMPANY NAME] and hold it harmless from any such claims arising out of or related to this lien waiver.
V. EXECUTION AND AUTHORIZATION
Executed this 15th of October, 2064.
Name: [YOUR NAME]
Title: Project Manager
Company Name: [YOUR COMPANY NAME]
