Dollars drawn on the Branch, British Columbia. The Applicant agrees that if the landscaping is not completed pursuant to paragraph 1 hereto the City may draw upon the Letter of Credit for the full principal sum and retain all money received until such time ae the landscaping has been completed in accordance with Appendix i. If the werks are completed as herein provided, then the depoait shall be returned to the Applicant. It is understood and egreed that the inteu. of this Agreement is that the Applicant shall fully complete the Y-iscaping work required as shown in the plans and specifications prepared by approved by the Planning Officer of the City on the day of > AD. 1S. -3- . . a IN WITNESS WHEREO? the parties hereto have hereunto set their hands and seals on the day and year first above written. (THE CORPORATE SEAL OP ( 4 (was hereunto affixed in the (presence of: if if (Title: ( ( (Title: (SIGNED, SEALED AND DELIVERED in the (presence of: Witness Z 4. The Applicant covenants to save harmless and effectually indemnify Addreas the City against: (Grantor(s) sign here) (a) All actions and proceedings costs, damages, expenses, claims and dewands whatsoever and by whomscever brought by reason af the installation of the landscaping. All expenses and costs which may be incurred by reason of the installation of the landscaping resulting in damage to any property owned in whole or.in part by the City or which the City by duty or custom is obliged, directly or indirectly, in any way or to any degree, to construc’, repair or maintain. All expenses and costs which may be incurred by reason of liens for non-payment of labour or materials, workmen's compensation assesa~ ments, unemployment insurance, Federal or Provincial Tax, check-off and for encroachments owing to mistakes in survey. 5. It is understood and agreed that the City has made no representations, convenants, warranties, guarantees, promises or agreements (verbal or otherwise) with the Applicant other than those in this contract. WHEREVER the singular or the masculine is used throughout this Indenture, the same shall be construed as meaning the plural or the feminine or body corporate or politic where the context or the parties hereto so require. THIS AGREEMENT shall enure to the benefit of and be binding upon the parties hereto, their respective heirs, executors, administrators and assigns. Occupation Corporate Seal of the Grantee hereunto affixed in the presence City Clerk