The Partial Lien Waiver is a crucial document in Nigerian construction projects that helps manage payment risks and protect parties' interests. It is typically used when a contractor, subcontractor, or supplier receives partial payment for ongoing work and needs to formally acknowledge this payment while releasing their lien rights for the paid portion only. The document preserves rights to claim liens for unpaid work or future work while providing property owners and lenders with necessary assurance that paid work won't be subject to future liens. This balanced approach, operating under Nigerian law, helps maintain smooth payment flows in construction projects while protecting all parties' interests. The Partial Lien Waiver should clearly specify the payment received, work covered, and rights being waived to ensure enforceability.
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1. Project Identification: Details of the construction project including address, project name, and any relevant project numbers
2. Parties: Identification of the waiving party (contractor/subcontractor/supplier) and the party receiving the waiver
3. Payment Acknowledgment: Specific details of the payment received, including amount and date
4. Waiver Statement: Clear statement of the specific lien rights being waived, including the time period or work covered
5. Reservation of Rights: Express statement of rights retained, including future work and retainage
6. Certification: Affirmation of authority to execute the waiver and truth of statements
7. Execution Block: Signature lines, dates, and notary section
1. Conditional Waiver Clause: Used when the waiver is contingent upon receipt of payment
2. Prior Rights Preservation: Added when there are specific prior lien rights that need to be preserved
3. Dispute Resolution: Included when parties want to specify how potential disputes about the waiver will be resolved
4. Third-Party Rights: Used when there are third-party beneficiaries or rights that need to be addressed
5. Insurance Claims Reservation: Added when preserving rights to insurance claims is necessary
1. Payment Schedule: Detailed breakdown of payments received and work completed
2. Project Scope Description: Detailed description of work covered by the waiver
3. Outstanding Claims List: List of any pending or preserved claims not covered by the waiver
4. Supporting Documentation: Copies of relevant invoices, payment proofs, or other supporting documents
Relevant legal definitions
Clauses
Relevant Industries
Construction
Real Estate Development
Infrastructure
Commercial Property
Residential Development
Industrial Construction
Oil and Gas Construction
Healthcare Facilities
Educational Facilities
Hospitality Development
Relevant Teams
Legal
Finance
Operations
Construction Management
Project Management
Procurement
Risk Management
Commercial
Development
Contract Administration
Relevant Roles
Construction Manager
Project Manager
Contract Administrator
Legal Counsel
Finance Manager
Procurement Manager
Site Supervisor
Operations Director
Risk Manager
Claims Manager
Commercial Director
Development Manager
Quantity Surveyor
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