Bonding Agreement. If bonds are to be issued for expanding the City water system into the Township and the cost of the expansion is mutually agreed to be bonded by the City and the Township, the Township shall be responsible for one hundred percent (100%) of the bond payment. This arrangement shall be set forth in a bonding agreement between the City and the Township prior to the issuance of any bonds to expand the City water system into the Township.
Bonding Agreement. The Borrower will take all action necessary to maintain the Bonding Agreement in full force and effect and will promptly notify the Administrative Agent of any supplement, replacement or amendment thereof.
Bonding Agreement. (a) Any Surety for GLDD and its Domestic Subsidiaries discontinues providing a bonding facility for the issuance of, or notifies GLDD and its Domestic Subsidiaries that it will no longer issue, bonds, undertakings or instruments of guaranty which are necessary for the operation of the business of GLDD and its Subsidiaries and GLDD and its Domestic Subsidiaries fail to cause another Person reasonably acceptable to Agent (provided that any such Person shall be deemed to be acceptable if such Person is a Surety for GLDD as of the Closing Date or such Person’s bonds, undertakings or instruments of guaranty are accepted by contract providers for GLDD and its Domestic Subsidiaries) to issue such bonds, undertakings or instruments of guaranty within ninety (90) days of the date that such original Surety discontinued providing a bonding facility for the issuance of, or notified GLDD and its Subsidiaries that it will no longer issue, such bonds, undertakings or instruments of guaranty; provided, however, that it shall not be an Event of Default if the Surety declines to furnish individual bonds, undertakings or instruments of guarantee so long as GLDD and its Subsidiaries maintains a bonding facility as indicated above; or
Bonding Agreement. Contemporaneously with the execution and delivery of this Agreement, Seller shall deliver to Buyer a counterpart of the Bonding Agreement in the form attached hereto as Exhibit C duly executed by Seller Parent, and Buyer shall execute and deliver to Seller a counterpart of the Bonding Agreement duly executed by Buyer.
Bonding Agreement. The Borrower will take all action necessary to maintain the Bonding Agreement in full force and effect and will promptly notify the Administrative Agent of any supplement, replacement or amendment thereof; provided that, subject to Section 6.1(p) and the Zurich Agreement becoming effective, the Travelers Agreement may be terminated.
Bonding Agreement. Neither the Borrower nor SCC shall, at any time on or prior to October 31, 2009, agree to any amendment, supplement or other modification to the terms of the General Indemnity Agreement, made as of October 23, 2008, among the Borrower, SCC and Corinthian Equity Fund, L.P. (“CEF”) (as “Indemnitors”) and Capitol Indemnity Corporation and Platte River Insurance Company (as “Surety”) that would have the effect of releasing or diminishing the obligations of CEF thereunder as such General Indemnity Agreement is in effect on October 23, 2008.
Bonding Agreement. All students awarded a scholarship must sign a Bonding Agreement prior to starting the training. The guarantor also signs the Bonding Agreement and is jointly liable if the student should default on the agreement. Guarantors should meet the following criteria:
Bonding Agreement. (i) Any Person executing bonds, undertakings or instruments of guaranty as surety for Holdings, the Borrower or any of their respective Subsidiaries with respect to any marine construction or dredging contracts to be entered into by the Borrower or any such Subsidiary for any reason ceases to issue such bonds, undertakings or instruments of guaranty and such denial, individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect; or
Bonding Agreement. (i) Any Surety for the Borrower or any of its Subsidiaries with respect to any marine construction or dredging contracts to be entered into by the Borrower or any such Subsidiary for any reason ceases to issue such bonds, undertakings or instruments of guaranty and (A) the Borrower and its Subsidiaries fail to cause another Person reasonably acceptable to the Administrative Agent (provided that any such Person shall be deemed to be acceptable if its bonds, undertakings or instruments of guaranty are accepted by contract providers for the Borrower and its Subsidiaries) to issue bonds, undertakings or instruments of guaranty within 90 days of the date that such original Surety ceased to issue bonds, undertakings or instruments of guaranty, or (B) such denial, individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect; or
Bonding Agreement. (i) Any Person executing bonds, undertakings or instruments of guaranty as surety for the Borrower or any of its Subsidiaries with respect to any marine construction or dredging contracts to be entered into by the Borrower or any such Subsidiary for any reason ceases to issue such bonds, undertakings or instruments of guaranty and (A) the Borrower and its Subsidiaries fail to cause another Person reasonably acceptable to the Administrative Agent (provided that any such Person shall be deemed to be acceptable if its bonds, undertakings or instruments of guaranty are accepted by contract providers for the Borrower and its Subsidiaries) to issue bonds, undertakings or instruments of guaranty within 90 days of the date that such original Person ceased to issue bonds, undertakings or instruments of guaranty, or (B) such denial, individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect; or
