Common use of SECURITY DEPOSITS AND REFUNDS Clause in Contracts

SECURITY DEPOSITS AND REFUNDS. The Developer shall be responsible for the full amount of the cost for the design, servicing and maintenance of the Development Plans together with all Town administrative and consulting fees and legal costs and shall be required to post security, in a form satisfactory to the Town, on accounts of aforesaid costs, charges and fees in accordance with Schedule "E" affixed hereto prior to execution of this Agreement by the Town. Security to be posted for Services and to cover the Town administrative, engineering and legal costs shall be calculated on the basis of the Developer’s estimated cost of design, construction and maintenance of all Works as set out in Schedule "E" annexed hereto. These costs will be subject to modification upon final approval of the details Plans and Specifications by the Director of Public Works.

SECURITY DEPOSITS AND REFUNDS. The Developer shall be responsible for the full amount of the cost for the design, servicing and maintenance of the Development Plans together with all Town administrative and consulting fees and legal costs and shall be required to post security, in a form satisfactory to the Town, on accounts of aforesaid costs, charges and fees in accordance with Schedule "E" affixed hereto prior to execution of this Agreement by the Town. Security to be posted for Services and to cover the Town administrative, engineering and legal costs shall be calculated on the basis of the Developer’s estimated cost of design, construction and maintenance of all Works as set out in Schedule "E" annexed hereto. These costs will be subject to modification upon final approval of the details Plans and Specifications by the Director of Public Works.

SECURITY DEPOSITS AND REFUNDS. The Developer shall be responsible for the full amount of the cost for the design, servicing and maintenance of the Development Plans together with all Town administrative and consulting fees and legal costs and shall be required to post security, in a form satisfactory to the Town, on accounts of aforesaid costs, charges and fees in accordance with Schedule "EB" affixed hereto prior to execution of this Agreement by the Town. Security to be posted for Services and to cover the Town administrative, engineering and legal costs shall be calculated on the basis of the Developer’s estimated cost of design, construction and maintenance of all Works as set out in Schedule "EB" annexed hereto. These costs will be subject to modification upon final approval of the details detailed Plans and Specifications by the Director of Public Works.