Common use of Escrow Time Clause in Contracts

Escrow Time. The escrow time for the cash deposit, certified check, negotiable bond or irrevocable bank letter of credit, shall be for a period 12 months with automatic renewal until such time as the public improvements are completed and accepted by the County. The County will issue a refund/release after conditional acceptance depending on whether improvements identified in Section I.N. are completed.

Escrow Time. The escrow time for the cash deposit, certified check, negotiable bond or irrevocable bank letter of credit, shall be for a period 12 months with automatic renewal until such time as the public improvements are completed and accepted by the County. The County will issue a refund/release after conditional acceptance depending on whether improvements identified in Section I.N. are completed.

Escrow Time. The escrow time for the cash deposit, certified check, negotiable bond or irrevocable bank letter of credit, shall be for a period 12 months with automatic renewal until such time as the public improvements are completed and accepted by the County. The County will issue a refund/release after conditional acceptance depending on whether improvements identified in Section I.N. and shall further continue until all warranty periods are completed.