WARRANTY SECURITY. To warranty the Developer’s work for a period of one (1) year following recordation of the Notice of Acceptance against any defective work or labor done or defective materials furnished in the additional amount of 25% of the estimated cost of the Public Improvements (hereinafter “Warranty Security”); and
Appears in 2 contracts
Samples: Construction Agreement, Construction Agreement
WARRANTY SECURITY. To warranty the Developer’s work for a period of one one
(1) year following recordation of the Notice of Acceptance against any defective work or labor done or defective materials furnished in the additional amount of Twenty-Five Percent (25% %) of the estimated cost of the Public Improvements improvements (hereinafter “Warranty Security”); and
Appears in 1 contract
Samples: Parkland Agreement
WARRANTY SECURITY. To warranty the Developer’s work for a period of one (1) year following recordation of the Notice of Acceptance against any defective work or labor done or defective materials furnished in the additional amount of Twenty-Five Percent (25% %) of the estimated cost of the Public Improvements improvements (hereinafter “Warranty Security”); and
Appears in 1 contract
Samples: Parkland Agreement