Release by Council Sample Clauses
Release by Council. Council releases and discharges the Outgoing Party from all of its obligations under the VPA and from all claims and demands in respect of the performance of and obligations under the VPA that arise.
Release by Council. The Council agrees to provide the Developer with a release and discharge of this Agreement from any part of the Land with respect to which the Developer has complied with its obligations under this deed (Release Land) subject to clause 9.3.
Release by Council. (a) The Council agrees to provide the Developer with a release and discharge of this Agreement with respect to a Lot or Lots forming part of the relevant Land or any lot, including a strata lot, created or to be created on subdivision of the Land (or part of the Land) (Release Land) on the earliest of:
(i) the date that Council consents to the deferral of Deferred Works under clause 6.7(b) and the Developer providing any Security required to be provided with respect to that Deferred Work; or
(ii) date of satisfaction by the Developer of the obligation to provide the Development Contributions for that Release Land.
(b) Within 7 Business Days of the occurrence of a release and discharge event in clause 10.2(a), Council must do all things reasonably necessary, including the execution of any documents, to enable the Developer to remove the notation of this Agreement on the relevant folios of the register, held by the LPI pertaining to the Release Land.