Common use of Performance Guarantee No Clause in Contracts

Performance Guarantee No. 4. A Performance Guarantee for Pipeline Project No. 4 (Performance Guarantee No. 4) shall be posted in favor of and provided to the COUNTY prior to December 31, 2015. The DEVELOPER shall post Performance Guarantee No. 4 in the amount of Twenty-Five Million Ninety-Four Thousand, Eight Hundred Ninety-Three and 00/100 Dollars ($24,094,893.00) (June 2008 dollars) less any TIFs paid to date at the time of payment.

Appears in 2 contracts

Sources: Development Agreement, Development Agreement

Performance Guarantee No. 4. A Performance Guarantee for Pipeline Project No. 4 (Performance Guarantee No. 4) shall be posted in favor of and provided to the COUNTY prior to December 31, 2015. The DEVELOPER shall post Performance Guarantee No. 4 in the amount of Twenty-Five Million Ninety-Four Thousand, Eight Hundred Ninety-Three and 00/100 Dollars ($24,094,893.0025,094,893.00) (June 2008 dollars) less any TIFs paid to date at the time of payment.

Appears in 1 contract

Sources: Development Agreement