Replacement of Security. (1) The Developer may replace any Security provided by it at any time, provided that the amount of that replacement is not less than that which is required to be provided under this document. (2) On receipt of a replacement Security, Council must immediately release the Security being replaced and return it to the Developer.
Appears in 2 contracts
Samples: Planning Agreement, Planning Agreement
Replacement of Security. (1) The Developer may replace any Security provided by it at any time, provided that the amount of that replacement is not less than that which is required to be provided under this documentPlanning Agreement.
(2) On receipt of a replacement Security, Council must immediately release the Security being replaced and return it to the Developer.
Appears in 2 contracts
Samples: Planning Agreement, Planning Agreement
Replacement of Security. (1) β The Developer may replace any Security provided by it at any time, provided that the amount of that replacement is not less than that which is required to be provided under this document.
(2) Agreement. On receipt of a replacement Security, Council must immediately release the Security being replaced and return it to the Developer.
Appears in 2 contracts
Samples: Voluntary Planning Agreement, Voluntary Planning Agreement
Replacement of Security. (1) 24.2.1. The Developer may replace any Security provided by it at any time, provided that the amount of that replacement is not less than that which is required to be provided under this document.
(2) 24.2.2. On receipt of a replacement Security, Council must immediately release the Security being replaced and return it to the Developer.
Appears in 1 contract
Samples: Planning Agreement