Cancellation by Surety. Neither cancellation, nor termination nor refusal by surety to extend the Performance Bond, nor inability of the Franchisee to file a replacement bond or replacement security for its obligations, shall constitute a loss to the Town recoverable under the bond.
Appears in 3 contracts
Samples: Cable Franchise Agreement, Franchise Agreement, Cable Franchise Agreement
Cancellation by Surety. Neither cancellation, nor termination nor refusal by surety to extend the Performance Bond, nor inability of the Franchisee to file a replacement bond or replacement security for its obligations, shall constitute a loss to the Town City recoverable under the bond.
Appears in 1 contract
Samples: Cable Franchise Agreement
Cancellation by Surety. Neither cancellation, nor termination nor refusal by surety to extend the Performance Bond, nor inability of the Franchisee to file a replacement bond or replacement security for its obligations, shall constitute a loss to the Town County recoverable under the bond.
Appears in 1 contract
Samples: Cable Franchise Agreement