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1. Identification of Parties: Details of the waiving party and the party receiving the waiver
2. Project Information: Specific details about the project or work performed
3. Payment Details: Amount received and payment reference information
4. Scope of Waiver: Specific rights being waived and extent of the release
5. Unconditional Release Statement: Clear statement that the waiver is unconditional and immediate
6. Execution Block: Signature blocks and execution formalities
1. Retention of Rights: Specific rights retained by the waiving party - used when certain rights need to be preserved
2. Representations and Warranties: Additional assurances from the waiving party - used in complex projects or high-value transactions
3. Governing Law: Explicit statement of applicable law - used when parties are in different jurisdictions
1. Schedule of Works: Detailed description of work performed
2. Payment Schedule: Breakdown of payments received
3. Supporting Documents: Relevant invoices, receipts, or other documentation
Beneficiary
Claim
Contract Price
Effective Date
Final Payment
Lien Rights
Parties
Payment Amount
Project
Property
Release Date
Services
Site
Waiving Party
Work
Work Period
Project Documents
Retention Amount
Payment Certificate
Contract Documents
Construction Works
Outstanding Claims
Progress Payment
Related Entities
Payment Acknowledgment
Scope of Release
Waiver of Rights
Unconditional Release Statement
Representations and Warranties
Authority to Execute
Payment Details
Project Description
Property Description
Release Period
Retained Rights
Governing Law
Severability
Entire Agreement
No Revocation
Binding Effect
Execution
Notice Requirements
Further Assurance
Third Party Rights
Amendment
Assignment
Counterparts
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