Bonds and Deposits. Builder shall prepare all necessary ------------------ documents and instruments required for the posting of any bonds, letters of credit, deposits or other forms of security required by any governmental entity or utility in connection with the project. Builder shall prepare any and all deposit agreements of the deposits in a timely fashion. Owner shall furnish, at its sole cost and expense, all bonds, letters of credit, deposits or other forms of security, required of any governmental entity or utility with respect to the Project. Builder shall request, tack and cause any bonds, letters of credits, deposits or other forms of security that have been posted by Owner in favor of any governmental entity or utility in connection with the
Bonds and Deposits. All right, title, and interest of Seller in and to all transferable bonds, deposits, and financial assurance requirements made by Seller with any Governmental Entity, utility company, or other person relating to the construction, use, operation, or enjoyment of the Assets or the Business.
Bonds and Deposits. Builder shall prepare all necessary documents ------------------- and instruments required for the posting of any bonds, letters of credit, deposits or other forms of security required by any governmental entity or utility in connection with the project. Builder shall prepare any and all deposit agreements of the deposits in a timely fashion. Owner shall furnish, at its sole cost and expense, all bonds, letters of credit, deposits or other forms of security, required of any governmental entity or utility with respect to the Project. Builder shall request, tack and cause any bonds, letters of credits, deposits or other forms of security that have been posted by Owner in favor of any governmental entity or utility in connection with the Project to be exonerated when all obligations thereunder are satisfied. Builder shall maintain a schedule of such security and assess the timing for such exoneration and shall prepare all necessary documents and instruments required or the timely exoneration of same.
Bonds and Deposits. Builder shall prepare all necessary documents and instruments required for the posting of any bonds, letters of credit, deposits or other forms of security required by any governmental entity or utility in connection with the Project. Builder shall prepare any and all deposit agreements in Owner's name and shall use its reasonable best efforts to secure reimbursement of the deposits in a timely fashion. Owner shall furnish, at its sole cost and expense, all bonds, letters of credit, deposits or other forms of security, required of any governmental entity or utility with respect to the Project. Builder shall request, track and cause any bonds, letters of credits, deposits or other forms of security that have been posted by Owner in favor of any governmental entity or utility in connection with the Project to be exonerated when all obligations thereunder are satisfied. Builder shall maintain a schedule of such security and assess the timing for such exoneration and shall prepare all necessary documents and instruments required for the timely exoneration of same.
Bonds and Deposits. Preparing necessary documents and instruments required for the posting of any bonds, deposit agreements, letters of credit, deposits or other forms of security required by any governmental entities in connection with the Project and necessary documents and instruments required for the timely exoneration, release or reimbursement of such security when satisfied.
