Construction Covenants definition
Examples of Construction Covenants in a sentence
Any such holder properly completing such improvement shall be entitled, upon compliance with the requirements of Section 310 of this Agreement, to a Release of Construction Covenants.
In the Certificate of Completion, the Declarant also shall determine, among other things, that all of the Construction Covenants herein, which relate to obligations of Declarant to develop and construct the Project, including the times for Commencement of Construction and Completion of Construction, have been fully satisfied.
Agency shall not unreasonably withhold the Release of Construction Covenants.
The foregoing indemnity shall survive termination of this Agreement and shall continue after Completion and the recordation of the Release of Construction Covenants.
City shall issue a Release of Construction Covenants for the Improvements.
The Agency shall not unreasonably withhold any such Release of Construction Covenants.
The Construction Covenants, and any obligations hereunder that relate solely to the development and construction of the Project, shall run with the land and otherwise remain in effect until District delivers to Declarant the Certificate of Final Completion.
The Release of Construction Covenants shall be a conclusive determination of satisfactory completion of the construction of the Developer Improvements and the Release of Construction Covenants shall so state.
The Release of Construction Covenants is not a notice of completion as referred to in Section 3093 of the California Civil Code.
Within six (6) months after City’s issuance of the Release of Construction Covenants.