Notice of Withdrawals. Within one (l) week after any withdrawals from the Performance Bond/Security Fund, City shall notify Company of the date and amount thereof, provided, however, that City shall not make any withdrawals by reason of any breach for which Company has not been given notice. The withdrawal of amounts from the Performance Bond/Security Fund shall constitute a credit against the amount of the applicable liability of Company to City but only to the extent of said withdrawal.
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Samples: Franchise Agreement, Franchise Agreement
Notice of Withdrawals. Within one (l1) week after any withdrawals from the Performance Bond/Security Fund, City the Comptroller shall notify the Company of the date and amount thereof, provided, however, that the City shall not make any withdrawals by reason of any breach for which the Company has not been given notice. The withdrawal of amounts from the Performance Bond/Security Fund shall constitute a credit against the amount of the applicable liability of the Company to the City but only to the extent of said withdrawal.
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Notice of Withdrawals. Within one (l1) week after any withdrawals from the Performance Bond/Security Fund, City the Comptroller shall notify the Company of the date and amount thereof, provided, however, that the City shall not make any withdrawals by reason of any breach for which Company the company has not been given notice. The withdrawal of amounts from the Performance Bond/Security Fund shall constitute a credit against the amount of the applicable liability of the Company to the City but only to the extent of said withdrawal.
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