FORM OF PERFORMANCE BOND Sample Clauses

FORM OF PERFORMANCE BOND. (Page 1of 2) BY THIS BOND, We , as Principal, hereinafter called Design-Build Firm, and , as Surety, are bound to the City of Miami, Florida, as Obligee, hereinafter called City, in the amount of Dollars ($ ) for the payment whereof Design- Build Firm and Surety bind themselves, their heirs, executors, administrators, successors and assigns, jointly and severally.
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FORM OF PERFORMANCE BOND. Tender No. (91/2017) Dear Sirs, At the request of bank (the Foreign Bank) and on behalf of M/S Contractor's Name and Address), we…………..………................. Bank (the Local Bank) issue in your favor our irrevocable and unconditional Performance Bond No………………………in the amount of.................................................................. (In word), in this connection we …………................................... Bank (the Local Bank) hereby consider ourselves responsible forth unconditional payment to you or to your authorized representatives of the above sum on your first written demand in whole or in part notwithstanding any objections on the part of the above named contractor and without any need for natural warning or judicial proceedings. This Bond will expire on ................... and shall be renewed automatically for a period of …...... months and for consecutive similar periods until it is returned by you to us.
FORM OF PERFORMANCE BOND. (Page 1of 2) BY THIS BOND, We , as Principal, hereinafter called Contractor, and , as Surety, are bound to the Town of Miami Lakes, Florida, as Obligee, hereinafter called Town, in the amount of Dollars ($ ) for the payment whereof Contractor and Surety bind themselves, their heirs, executors, administrators, successors and assigns, jointly and severally.
FORM OF PERFORMANCE BOND. Any singular reference to Contractor, Surety, Owner or other party shall be considered plural where applicable. CONTRACTOR (Name and Address): SURETY (Name and Principal Place of Business): OWNER (Name and Address or Municipality): SOLID WASTE COLLECTION AND HAULING AND SERVICE CONTRACT Date: Amount: Description (Name and Location): BOND Date (Not earlier than In-Service Date): Amount: CONTRACTOR AS PRINCIPAL: Company: (Corporate Seal) Signature: Name and Title: SURETY Company: (Corporate Seal) Signature: Name and Title: (Any additional signatures appear on page ) (FOR INFORMATION ONLY- Name, Address and Telephone) AGENT or BROKER: OWNER'S REPRESENTATIVE (Architect, Engineer or other party):
FORM OF PERFORMANCE BOND. BOND NO: of , a corporation created and existing under the laws of the State of , ("Principal") and , a corporation created and existing under the laws of the State of having its principal office in and authorized to do business in the State of New York ("Surety") are held and firmly bound to The Metropolitan Transportation Authority, a New York Public Benefit Corporation ("MTA"), and to its successors and assigns, in the sum of Dollars ($ ) lawful money of the United States, for the payment of which said sum of money, the Principal binds itself, its successors and assigns, and the Surety binds itself, its successors and assigns, jointly and severally;
FORM OF PERFORMANCE BOND. Contractor shall provide a performance bond in the amount one hundred percent of the Contract Price in favor of the SOEP as security for the faithful performance of all of Contractor's obligations under the this Agreement. This bond shall remain in effect until one year after the date when final payment becomes due or until completion of the correction period in the Agreement, whichever is later, except as provided otherwise be law, regulations or this Agreement. The Contractor shall furnish the original of each required bond duly signed by an attorney in fact and countersigned by an authorized representative. All bonds shall be issued only by insurance companies dully licensed and authorized to do business in Puerto Rico. All bonds shall be accompanied with the following: Power of Attorney in Fact;

Related to FORM OF PERFORMANCE BOND

  • Assessment of Performance The assignment of a teacher to a TLS position will be subject to review by the school district’s administration at least annually. The first review must be completed no later than five (5) work days before the beginning of the transfer process. The review shall include peer feedback on the effectiveness of the teacher’s performance of duty specific to the teacher’s TLS position. A teacher who completes an assignment in a TLS position may apply for assignment to a new TLS position.

  • Return of Performance Bank Guarantee Payment on Order Instrument

  • Manner of Performance Subject to the provisions of Article XII hereof, the Contractor shall perform all of the Work described in the Statement of Work, or cause such Work to be performed in an efficient and expeditious manner and in accordance with all of the terms and provisions of this Agreement. The Contractor shall perform the Work in accordance with the current professional standards and with the diligence and skill expected for the performance of work of the type described in the Statement of Work. The Contractor shall furnish such personnel and shall procure such materials, machinery, supplies, tools, equipment and other items as may reasonably be necessary or appropriate to perform the Work in accordance with this Agreement.

  • Availability of Performance Order If, and to the extent that, a breach of this contract has been caused by a Relevant Force Majeure Event, the Non-affected Party shall not be entitled to a Performance Order except to secure performance by the Affected Party of its obligations under this Clause 17.

  • Schedule of Performance Consultant shall commence the services pursuant to this Agreement upon receipt of a written notice to proceed and shall perform all services within the time period(s) established in the “Schedule of Performance” attached hereto as Exhibit “D” and incorporated herein by this reference. When requested by the Consultant, extensions to the time period(s) specified in the Schedule of Performance may be approved in writing by the Contract Officer but not exceeding one hundred eighty (180) days cumulatively.

  • Release of Performance Security (i) The Authority shall return the Performance Security to the Contractor within 60 (sixty) days of the expiry of the Maintenance Period or the Defects Liability Period, whichever is later, under this Agreement. Notwithstanding the aforesaid, the Parties agree that the Authority shall not be obliged to release the Performance Security until all Defects identified during the Defects Liability Period have been rectified.

  • Review of Performance The Board of Directors shall periodically review and evaluate the performance of Employee under this Employment Agreement with Employee.

  • Commencement of Performance This Agreement is of no force and effect until signed by both parties and all JBE-required approvals are secured. Any commencement of performance prior to Agreement approval shall be at Contractor's own risk.

  • Monitoring of Performance Vendor shall continuously monitor and record its performance to ensure that all of Vendor's responsibilities and obligations hereunder are being met and fulfilled. Citizens may conduct programmatic and other administrative contract monitoring during the term of this Agreement. The purpose of this monitoring is to ensure that all of Vendor's responsibilities and obligations are being met and fulfilled. Such monitoring may include on-site visits, report reviews, invoice reviews, compliance reviews, and a review of any other areas reasonably necessary. Vendor acknowledges and agrees that Citizens may also monitor and record Vendor Staff communications to the extent they occur within or are connected to any Citizens’ resource, such as electronic or telecommunications systems.

  • Continuity of Performance In the event of a dispute between the Party and the State, each party will continue to perform its obligations under this Agreement during the resolution of the dispute until this Agreement is terminated in accordance with its terms.

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