Insurance and Bonding. The Borrower shall carry sufficient insurance coverage to protect contract assets from loss due to theft, fraud and/or undue physical damage, and as a minimum shall purchase a blanket fidelity bond covering all employees in an amount equal to cash advances from the County Board. The Borrower shall comply with the bonding and insurance requirements of 24 CFR 84.31 and 84.48,
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Samples: Loan Agreement, Loan Agreement, Loan Agreement
Insurance and Bonding. The Borrower shall carry sufficient insurance coverage to protect contract assets from loss due to theft, fraud and/or undue physical damage, and as a minimum shall purchase a blanket fidelity bond covering all employees in an amount equal to cash advances from the County Board. The Borrower shall comply with the bonding and insurance requirements of 24 CFR 84.31 and 84.48,, Bonding and Insurance.
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