Construction Bond definition

Construction Bond means a bond posted to ensure proper and complete Construction and/or repair of a Facility and the affected Rights of Way pursuant to a Permit.

Construction Bond means any Performance Bond provided by the D&C Subcontractor in favour of Project Co. Contamination means a condition of land, air, soil or water including groundwater resulting from past or present Pollution and which shares any of the characteristics of Pollution. Contamination Modification Event means:

Construction Bond means the performance bond provided to the SCSA under Clause 6.2(a) or, as applicable, any performance bond replacing it in accordance with Clause 6.3(b) or Clause 6.4(b).

Examples of Construction Bond in a sentence

• The Contract Documents shall mean, collectively, the OWNER’s RFP or Invitation to Bid, the Contract, this Specification, OWNER approved addendum and exceptions, the Public Construction Bond, the OWNER’s Purchase Order and CONTRACTOR’s proposal which are intended to be complementary, and what is required by any one of them shall be as binding as if required by all.

• The Contract Documents shall mean, collectively, OWNER’s RFP or Invitation to Bid, the Contract, this Specification, OWNER approved addendum and exceptions, the Public Construction Bond, OWNER’s Purchase Order and CONTRACTOR’s proposal which are intended to be complementary, and what is required by any one of them shall be as binding as if required by all.

• The contractor shall provide a Performance Bond and a Payment Bond or a Public Construction Bond, as applicable, in an amount at least equal to the contract amount as security for the faithful performance and payment of all contractors under the contract documents.

• Construction Bond Seller will obtain and maintain or will cause the EPC contractor to obtain and maintain performance and payment bonds in an amount sufficient to obtain non- recourse financing (or as otherwise agreed to by the Parties) for the construction of the Plant.

• The Public Construction Bond shall serve as security for the faithful performance of the construction included in this Agreement, including the maintenance and guarantee provisions, and for the payment of all persons performing labor and furnishing materials in connection with the Agreement.

More Definitions of Construction Bond

Construction Bond as defined in Section 4.08.

Construction Bond. As provided in Section 3.9.

Construction Bond. As provided in Section 3.9. Landlord's Address for Payment of Rent: X.X. Xxx 0000, Xxxxxx, XX 00000-0000, or as otherwise directed by Landlord in writing from time to time. Tenant's Minimum

Construction Bond means a corporate surety bond in a form and amount acceptable to the City Manager representing the value of the estimated cost of restoration of the public Right-of-Way pursuant to Section 6 of this Franchise Agreement.

Construction Bond an on-demand construction bond in the amount of one million United States Dollars (US$1,000,000) drawn on an internationally recognised bank;

Construction Bond means the bond provided by the Concessionaire in accordance with the provisions of this Agreement;

Construction Bond for each Plant, an on-demand construction bond in the amount of one million United States Dollars (US$1,000,000) drawn on an internationally recognised bank;