Type of Security. Any security required to be filed under this Agreement shall be in cash or by Letter of Credit valid for a period of one year with extension provisions and prepared in a form provided by the Municipality. It shall be drawn on a Chartered Bank of Canada and shall be for the amount hereinafter set out.
Appears in 1 contract
Samples: Site Plan Agreement
Type of Security. Any security required to be filed under this Agreement Agreement, shall be in cash or by Letter of Credit valid for a period of one l year with extension provisions and prepared in a form provided by the MunicipalityMunicipality or by certified cheque. It shall be drawn on a Schedule I Chartered Bank of Canada and shall be for the amount hereinafter hereafter set out.
Appears in 1 contract
Samples: Municipal Services Agreement
Type of Security. Any security required to be filed under this Agreement Agreement, shall be in cash by a certified cheque or by a Letter of Credit valid for a period of one l year with extension provisions and prepared in a form provided by the Municipality. It shall be drawn on a Schedule A Chartered Bank of Canada and shall be for the amount hereinafter hereafter set out.
Appears in 1 contract
Samples: Site Plan Agreement
Type of Security. Any security required to be filed under this Agreement Agreement, shall be in cash or by Letter of Credit valid for a period of one 1 year with extension provisions and prepared in a form provided by the Municipality, as applicable, and shall be for the amount or amounts hereinafter set out. It shall be drawn on a Schedule A Chartered Bank of Canada and shall be for the amount hereinafter hereafter set out.
Appears in 1 contract
Samples: Pre Servicing Agreement
Type of Security. Any security required to be filed under this Agreement Agreement, shall be in cash or by Letter of Credit valid for a period of one 1 year with extension provisions and prepared in a form provided by the Municipality. It shall be drawn on a Schedule A Chartered Bank of Canada and shall be for the amount hereinafter hereafter set out.
Appears in 1 contract
Type of Security. Any security required to be filed under this Agreement Agreement, shall be in cash or by a certified bond valid for 1 year, a Letter of Credit valid for a period of one 1 year with extension provisions and prepared in a form provided by the Municipality, as applicable, and shall be for the amount or amounts hereinafter set out. It shall be drawn on a Schedule A Chartered Bank of Canada and shall be for the amount hereinafter hereafter set out.
Appears in 1 contract
Samples: Servicing Agreement