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Common use of Security for Defects Liability Period Clause in Contracts

Security for Defects Liability Period. Until the expiry of the relevant Defects Liability Period, the City may retain from the Guarantee an amount equal to 10% of the Attributed Value of the Developer’s Works as security for the Developer’s performance of its obligations under this clause 8. The Developer must make any necessary arrangements to allow the provision of the Guarantee for the Defects Liability Period in accordance with this clause.

Appears in 25 contracts

Samples: Planning Agreement, Planning Agreement, Planning Agreement

Security for Defects Liability Period. Until the expiry of the relevant Defects Liability Period, the City may retain from the Guarantee an amount equal to 10% of the Attributed Value of the Developer’s Works as security for the Developer’s performance of its obligations under this clause 8. The Developer must make any necessary arrangements to allow the provision of the Guarantee for the Defects Liability Period in accordance with this clause.

Appears in 11 contracts

Samples: Planning Agreement, Planning Agreement, Planning Agreement

Security for Defects Liability Period. Until the expiry of the relevant Defects Liability Period, the City may retain from the Guarantee an amount equal to 10% of the Attributed Value of the Developer’s Works as security for the Developer’s and Xxxxxxxxx’s performance of its their obligations under this clause 8. The Developer and the Landowner must make any necessary arrangements to allow the provision of the Guarantee for the Defects Liability Period in accordance with this clause.

Appears in 4 contracts

Samples: Planning Agreement, Planning Agreement, Planning Agreement

Security for Defects Liability Period. Until the expiry of the relevant Defects Liability Period, the City may retain from the Guarantee an amount equal to 10% of the Attributed Value of the Developer’s Works Public Benefits as security for the Developer’s performance of its obligations under this clause 8. The Developer must make any necessary arrangements to allow the provision of the Guarantee for the Defects Liability Period in accordance with this clause.

Appears in 3 contracts

Samples: Voluntary Planning Agreement, Voluntary Planning Agreement, Planning Agreement

Security for Defects Liability Period. Until the expiry of the relevant Defects Liability Period, the City may retain from the Guarantee an amount equal to 10% of the Attributed Value of the Developer’s Works situated on City Land or Transfer Land as security for the Developer’s performance of its obligations under this clause 8. The Developer must make any necessary arrangements to allow the provision of the Guarantee for the Defects Liability Period in accordance with this clause.

Appears in 3 contracts

Samples: Planning Agreement, Planning Agreement, Planning Agreement

Security for Defects Liability Period. Until the expiry of the relevant Defects Liability Period, the City may retain from the Guarantee an amount equal to 10% of the Attributed Value of the Developer’s Works as security for the Developer’s and Xxxxxxxxx’s performance of its their obligations under this clause 8. The Developer and the Landowner must make any necessary arrangements to allow the provision of the Guarantee for the Defects Liability Period in accordance with this clause.

Appears in 1 contract

Samples: Planning Agreement

Security for Defects Liability Period. Until the expiry of the relevant Defects Liability Period, the City may retain from the Guarantee an amount equal to 10% of the Attributed Value of the Developer’s Works as security for the Developer’s performance of its obligations under this clause 8. The Developer must make any necessary arrangements to allow the provision of the Guarantee for the Defects Liability Period in accordance with this clause.

Appears in 1 contract

Samples: Planning Agreement

Security for Defects Liability Period. Until the expiry of the relevant Defects Liability Period, the City may retain from the Guarantee an amount equal to 10% of the Attributed Value of the Developer’s Works Guarantee Amount as security for the Developer’s performance of its obligations under this clause 8. The Developer must make any necessary arrangements to allow the provision of the Guarantee for the Defects Liability Period in accordance with this clause.

Appears in 1 contract

Samples: Planning Agreement

Security for Defects Liability Period. Until the expiry of the relevant Defects Liability Period, the City may retain from the a Guarantee for an amount equal to 10% of the Attributed Value of the Developer’s Works as security for the Developer’s performance of its obligations under this clause 8. The Developer must make any necessary arrangements to allow the provision of the Guarantee for the Defects Liability Period in accordance with this clause.

Appears in 1 contract

Samples: Planning Agreement

Security for Defects Liability Period. Until the expiry of the relevant Defects Liability Period, the City may retain from the Guarantee an amount equal to 10% of the Attributed Value of the Developer’s Works as security for the Developer’s performance of its obligations under this clause 8. The Developer must make any necessary arrangements to allow the provision of the Guarantee for the Defects Liability Period in accordance with this clause.’s

Appears in 1 contract

Samples: Planning Agreement