Common use of Costs of Council Clause in Contracts

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 the Council exercises its step-in rights under clause 7.610.6, it may: (a) 10.7.1 call upon the Bank Guarantees provided by the Developer pursuant to clause 12 17 to meet any costs for which the Developer is liable under clause 7.610.6; and (b) 10.7.2 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 the Council in rectifying the Defects.

Costs of Council. Where Council exercises its step-in rights under clause 7.610.5, it may: (a) 10.6.1 call upon the Bank Guarantees provided by the Developer pursuant to clause 12 14 to meet any costs for which the Developer is liable under clause 7.610.5; and (b) 10.6.2 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 under clause 7.68.5, it may: (a1) call upon the Bank Guarantees provided by the Developer pursuant to clause 12 11 to meet any costs for which the Developer is liable under clause 7.68.5(3); and (b2) 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 under clause 7.610.6, it may: (a) 10.7.1 call upon the Bank Guarantees provided by the Developer pursuant to clause 12 17 to meet any costs for which the Developer is liable under clause 7.610.6; and (b) 10.7.2 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.