Common use of Bond Amount Clause in Contracts

Bond Amount. The maximum aggregate liability of the Guarantor under this Agreement shall not exceed the Bond Amount being the sum actuarially assessed to the satisfaction of the Administering Authority [and the Scheme Employer].

Appears in 5 contracts

Sources: Admission Agreement, Dynamic Purchasing System Agreement, Admission Agreement

Bond Amount. The maximum aggregate liability of the Guarantor under this Agreement shall not exceed the Bond Amount being the sum actuarially assessed to by the satisfaction ‘Administering Authority’ on behalf of the Administering Authority [and the Scheme Employer]Admission Body taking account of actuarial advice.

Appears in 1 contract

Sources: Admission Agreement