Common use of Security for Improvements Clause in Contracts

Security for Improvements. The Developer’s obligation to construct Improvements depicted within the Approved Plans shall be secured by a Performance and Warranty Guarantee.

Security for Improvements. The Developer’s obligation to construct Improvements depicted within the Approved Plans shall be secured by a Performance and Warranty GuaranteeGuarantee at such time and in amounts as required by the Standards and Specifications as identified herein.

Security for Improvements. The Developer’s obligation obligations to construct Improvements depicted within the Approved Plans shall be secured by a Performance Guarantee in amounts as required by the Standards and Warranty GuaranteeSpecifications as identified herein.