Costs of Council Sample Clauses
Costs of Council. Where Council exercises its step-in rights under clause 7.6, it may:
(a) call upon the Bank Guarantees provided by the Developer pursuant to clause 12 to meet any costs for which the Developer is liable under clause 7.6; and
(b) recover as a debt due in a court of competent jurisdiction any difference between the amount of the Bank Guarantees and the costs incurred by Council in rectifying the Defects.
Costs of Council. Where Council exercises its step-in rights, Council may:
(a) call upon the Defects Security provided by the Developer pursuant to clause 9.2 for any costs incurred by Council with respect to completing the relevant Defects in accordance with the Defects Notice; and
(b) if the Defects Security does not cover all of Council’s costs of rectifying the Defects in accordance with the Defects Notice, Council may recover those additional costs as a debt due in a court of competent jurisdiction.
Costs of Council. Where Council exercises its step-in rights and incurs costs in rectifying the relevant Defects, it may call upon the Defects Security provided by the Developer pursuant to clause 15.5 and recover as a debt due in a court of competent jurisdiction any difference between the amount of the Defects Security and the costs incurred by the Council in rectifying the Defects. Application of s7.11, s7.12 or s7.24 of the Act to the Development This Agreement does not exclude the application of section 7.11, section 7.12 or section 7.24 of the Act to the Development. Registration of Agreement