Common use of WARRANTY SECURITY Clause in Contracts

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

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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

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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

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