Common use of Release of Construction Performance Security Clause in Contracts

Release of Construction Performance Security. Notwithstanding anything mentioned in the Clause 9.1.1, the Construction Performance Security will be released by Lead ULB upon receipt of the Operation Performance Security as mentioned in Clause 9.4.

Appears in 2 contracts

Samples: Model Concession Agreement, Model Concession Agreement

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Release of Construction Performance Security. Notwithstanding anything mentioned in the Clause 9.1.1, the Construction Performance Security will be released by Lead the ULB upon receipt of the Operation Performance Security as mentioned in Clause 9.4.

Appears in 2 contracts

Samples: Concession Agreement, Concession Agreement

Release of Construction Performance Security. 9.3.1 Notwithstanding anything mentioned in the Clause 9.1.1, the Construction Performance Security will be released by Lead ULB upon the Construction Supervisorupon receipt of the Operation Performance Security as mentioned in Clause 9.4.

Appears in 1 contract

Samples: Draft Concession Agreement

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Release of Construction Performance Security. β€Œ Notwithstanding anything mentioned in the Clause 9.1.1, the Construction Performance Security will be released by Lead ULB upon receipt of the Operation Performance Security as mentioned in Clause 9.4.

Appears in 1 contract

Samples: Model Concession Agreement

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