Common use of Release of assurances Clause in Contracts

Release of assurances. The obligations of Subdivider under the Agreement shall be released, the Account released to the Subdivider, and a release of assurances issued by the City Engineer, only upon Subdivider’s satisfactory completion and City’s acceptance of the Improvements in accordance with Paragraphs 6 and 7, or the Subdivider’s tender and City’s accep­tance of substitute as­surances.

Release of assurances. The obligations of Subdivider and Surety under the Agreement shall be released, the Account released to the Subdivider, and a release of assurances issued by the City Engineer, only upon Subdivider’s satisfactory completion and City’s acceptance of the Improvements in accordance with Paragraphs 6 and 7, or the Subdivider’s tender and City’s accep­tance of substitute as­surances.

Release of assurances. The obligations of Subdivider and Trustee under the this Agreement shall be released, the Account released to the Subdivider, and a release of assurances issued by the City Engineer, only upon Subdivider’s satisfactory completion and City’s acceptance of the Improvements in accordance with Paragraphs 6 and 7Paragraph 6, or the Subdivider’s tender and City’s accep­tance acceptance of substitute as­surancesassurances for completion of the Improvements.

Release of assurances. The obligations of Subdivider under the this Agreement shall be released, the Account released to the Subdivider, and a release of assurances issued by the City Engineer, only upon Subdivider’s satisfactory completion and City’s acceptance of the Improvements in accordance with Paragraphs 6 and 77 or 8, or the Subdivider’s tender and City’s accep­tance acceptance of the substitute as­surancesassurances.

Release of assurances. The obligations of the Subdivider and the Trustee under the this Agreement shall be released, the Account released to the Subdivider, and a release of assurances issued by the City EngineerTown Manager, only upon the Subdivider’s satisfactory completion and Citythe Town’s acceptance of the Improvements in accordance with Paragraphs 6 and 7Section 8, or the Subdivider’s tender and Citythe Town’s accep­tance acceptance of substitute as­surancesassurances for completion of the Improvements.