Landscaping Security Clause Samples
The Landscaping Security clause requires the provision of a financial guarantee or deposit to ensure that landscaping work is completed according to contract specifications. Typically, this security is held by the property owner or developer and may be in the form of cash, a bond, or another acceptable instrument, and is only released once the landscaping has been satisfactorily finished and inspected. This clause serves to protect the property owner by ensuring that the contractor fulfills all landscaping obligations, thereby reducing the risk of incomplete or substandard work.
Landscaping Security. To secure Developer’s installation and maintenance of landscaping as may be required by the Project Specifications, at such time when the drought restrictions have been rescinded as further described in Section II(F)(3) of Exhibit F (hereinafter “Landscaping Security”).
Landscaping Security. To secure Developer’s installation and maintenance of landscaping as may be required by the landscaping specifications in the Park Improvement Plans, at such time as any drought restrictions on landscaping installation have been rescinded (hereinafter “Landscaping Security”). The Parties acknowledge that any City restrictions on the installation of landscaping because of drought conditions may delay Developer's installation of the landscaping contemplated by this Agreement. If, due to drought restrictions, Developer is unable to install the landscaping in time to be inspected by the Director of PW for the purposes of accepting the Completed Park Improvements, Developer shall post a bond or other form of security acceptable to the Director of PW.
Landscaping Security. City shall release the Landscaping Security at such time when the drought restrictions have been rescinded as further described in Section F(3) of Exhibit E5.