Common use of Alternative Performance Clause in Contracts

Alternative Performance. In lieu of the Performance Bond and ----------------------- Payment Bond required by this subsection 7.4, Developer may furnish cash, assignment of account, or a time certificate of deposit or irrevocable letter of credit conditioned only on the terms of this Lease or such other form of security as may be agreed upon by the parties.

Alternative Performance. In lieu of the ----------------------- Performance Bond and ----------------------- Payment Bond required by this subsection 7.4, Developer may furnish cash, assignment of account, or a time certificate of deposit or irrevocable letter of credit conditioned only on the terms of this Lease or such other form of security as may be agreed upon by the parties.

Alternative Performance. In lieu of the Performance ----------------------- Bond and ----------------------- Payment Bond required by this subsection 7.4, Developer may furnish cash, assignment of account, or a time certificate of deposit or irrevocable letter of credit conditioned only on the terms of this Lease or such other form of security as may be agreed upon by the partiespatties.

Alternative Performance. In lieu of the Performance ----------------------- Bond and ----------------------- Payment Bond required by this subsection 7.4, Developer may furnish cash, assignment of account, or a time certificate of deposit or irrevocable letter of credit conditioned only on the terms of this Lease or such other form of security as may be agreed upon by the parties.