After Final Acceptance of each of Section 1A and Section 1B and Segment Sample Clauses

After Final Acceptance of each of Section 1A and Section 1B and Segment. 2 and subject to the requirements herein, DB Contractor may obtain a release of the Performance and Payment Bonds for Section 1A or Section 1B and Segment 2, as applicable, by providing a warranty bond which shall guarantee performance of the Work required to be performed during the Warranty period for each such Section and/or Segment and which shall also constitute a payment bond guaranteeing payment to Persons performing such Work (“Warranty Bond”). The Warranty Bond shall be in an amount equal to 10% of the Price and shall be in the form attached hereto as Exhibit 12. Initially, the Warranty Bond shall apply to the first Section to reach Final Acceptance (Section 1A).
Sample 1
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Related to After Final Acceptance of each of Section 1A and Section 1B and Segment

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  • RELATED SECTIONS Not Used

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