Common use of Release of Proceeds Clause in Contracts

Release of Proceeds. In the event the Improvements have been installed to the satisfaction of CITY and/or the Fees have been paid pursuant to this Agreement and Xxx City ordinances within the above stated time period(s), CITY agrees to execute a written release of the remaining Proceeds.

Appears in 3 contracts

Samples: Letter of Credit Guarantee Agreement, Escrow Guarantee Agreement, Bond Guarantee Agreement

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Release of Proceeds. In the event the Improvements have been installed to the satisfaction of CITY and/or the Fees have been paid pursuant to this Agreement and Xxx Layton City ordinances within the above stated time period(s), CITY agrees to execute a written release of the remaining Proceeds.

Appears in 1 contract

Samples: Bond Agreement

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Release of Proceeds. In the event the Improvements have been installed to the satisfaction of CITY and/or the Fees have been paid pursuant to this Agreement and Xxx Tooele City ordinances within the above stated time period(s), CITY agrees to execute a written release of the remaining Proceeds.

Appears in 1 contract

Samples: Bond Agreement

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