Common use of Release of Deposit Clause in Contracts

Release of Deposit. If Improvements has been constructed to the reasonable satisfaction of the City, then the City will release ninety percent (90%) of the Deposit that is associated with the Improvements. Further, if one (1) year after final Improvements/Acceptance of the Improvements and the Improvements are then free of defects, normal wear and tear excepted, the City will release the remaining amount of the Deposit.

Release of Deposit. If Improvements has been constructed to the reasonable satisfaction of the City, then the City will release ninety percent (90%) of the Deposit that is associated with the Improvements. Further, if one (1) year after final ImprovementsInstallation/Acceptance of the Improvements and the Improvements are then free of defects, normal wear and tear excepted, the City will release the remaining amount of the Deposit.

Release of Deposit. If Improvements has have been constructed to the reasonable satisfaction of the City, then the City will release ninety percent (90%) of the Deposit that is associated with the Improvements. Further, if one (1) year after final Improvements/Acceptance of the Improvements and the Improvements are then free of defects, normal wear and tear excepted, the City will release the remaining amount of the Deposit.

Release of Deposit. If Improvements has have been constructed to the reasonable satisfaction of the City, then the City will release ninety percent (90%) of the Deposit that is associated with the Improvements. Further, if one (1) year after final ImprovementsInstallation/Acceptance of the Improvements and the Improvements are then free of defects, normal wear and tear excepted, the City will release the remaining amount of the Deposit.

Release of Deposit. If Improvements has have been constructed to the reasonable satisfaction of the City, then the City will release ninety percent (90%) of the Deposit that is associated with the Improvements. Further, if one (1) year after final Improvements/Acceptance of the Improvements and the Improvements are then free of defects, normal wear and tear excepted, the City will release the remaining amount of the Deposit.

Release of Deposit. If Improvements has been constructed to the reasonable satisfaction of the City, then the City will release ninety percent (90%) of the Deposit that is associated with the Improvements. Further, if one (1) year after final Improvements/Acceptance of the Improvements and the Improvements are then free of defects, normal wear and tear excepted, the City will release the remaining amount of the Deposit.