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Vendor Lien Waiver Template for Philippines

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Key Requirements PROMPT example:

Vendor Lien Waiver

"I need a Vendor Lien Waiver for our Manila construction project, where we're making a final payment of 2.5M PHP to our steel supplier on March 15, 2025, and need them to waive all remaining lien rights."

Document background
The Vendor Lien Waiver is a crucial document in Philippine construction and development projects, used to protect property owners and developers from potential liens while ensuring vendors receive proper payment for their services or materials. This document type is particularly important in the Philippine legal context, where lien rights are protected under the Civil Code and construction industry regulations. The waiver typically includes detailed information about the payment received, the scope of work completed, and the specific rights being waived. It serves as both a receipt of payment and a legal waiver of lien rights, making it essential for project closeout and payment processes. The document must comply with Philippine legal requirements for valid waivers and should be properly executed to ensure enforceability.
Suggested Sections

1. Parties: Identification of the vendor waiving lien rights and the party receiving the waiver

2. Background: Description of the project, original contract, and context of the work performed

3. Definitions: Key terms used in the waiver, including 'Lien Rights', 'Project', 'Work', and 'Payment'

4. Receipt of Payment: Acknowledgment of payment received, including specific amount and payment details

5. Waiver and Release: Explicit waiver of lien rights and release of claims related to the work performed

6. Scope of Waiver: Clear delineation of what rights are being waived and any limitations

7. Representations and Warranties: Vendor's confirmation of authority to waive liens and that no liens have been filed

8. Governing Law: Specification that Philippine law governs the waiver

9. Execution: Signature blocks and notarization requirements

Optional Sections

1. Conditional Provisions: Used when the waiver is conditional upon receipt of payment

2. Subcontractor Confirmation: Include when subcontractors need to confirm payment and waive their rights

3. Retention Rights: Required when dealing with retained amounts that are not covered by the waiver

4. Previous Payments: Include when documenting a series of payments and previous partial waivers

5. Exceptions and Reservations: Used when certain claims or rights are specifically reserved

6. Indemnification: Include when additional protection against future claims is required

Suggested Schedules

1. Schedule A - Project Details: Detailed description of the project and work performed

2. Schedule B - Payment History: Record of all payments made and previous partial waivers

3. Schedule C - Subcontractor List: List of all subcontractors and their waiver status

4. Appendix 1 - Original Contract Reference: Summary or copy of relevant portions of the original contract

5. Appendix 2 - Supporting Documents: Copies of relevant invoices, delivery receipts, or work completion certificates

Authors

Alex Denne

Head of Growth (Open Source Law) @ 黑料视频 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions

























Clauses






















Relevant Industries

Construction

Real Estate Development

Infrastructure

Manufacturing

Engineering

Industrial Projects

Commercial Development

Residential Development

Mining

Energy

Telecommunications

Relevant Teams

Legal

Procurement

Finance

Construction Management

Project Management

Vendor Relations

Contract Administration

Commercial

Risk Management

Property Management

Relevant Roles

Project Manager

Contract Administrator

Construction Manager

Procurement Manager

Legal Counsel

Finance Manager

Construction Supervisor

Site Manager

Property Developer

Vendor Relations Manager

Claims Manager

Account Manager

Commercial Manager

Industries






Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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