INSURANCE, PAYMENT AND PERFORMANCE BONDS Sample Clauses

INSURANCE, PAYMENT AND PERFORMANCE BONDS. The Contractor shall maintain the required insurance coverage and payment and performance bonds as set forth in the Invitation to Bid through completion of the Contract, including all warranty and guarantee periods.
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INSURANCE, PAYMENT AND PERFORMANCE BONDS. The Architect shall maintain the required insurance coverage and Payment and Performance Bonds through the completion of the Contract, including all warranty and guarantee periods. See Attachment G – City of Fairfax Insurance Requirements.
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INSURANCE, PAYMENT AND PERFORMANCE BONDS. Developer shall have provided evidence satisfactory to City that Developer has obtained insurance coverage meeting the requirements set forth in Article X. If Developer obtains payment and performance bonds in connection with construction of the Project, City shall be named as co-obligee thereunder in which event Developer shall provide City with copies of such bonds promptly after the same are obtained.
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INSURANCE, PAYMENT AND PERFORMANCE BONDS. The Consultant shall maintain the required insurance coverage and Payment and Performance Bonds through the completion of the Contract, including all warranty and guarantee periods. See Exhibit B – City of Fairfax Insurance Requirements.
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INSURANCE, PAYMENT AND PERFORMANCE BONDS. Borrower shall have provided evidence satisfactory to City that Borrower has obtained insurance coverage meeting the requirements set forth in Article XI.
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INSURANCE, PAYMENT AND PERFORMANCE BONDS. 6.1 Performance And Payment Bonds (When Called For by the Solicitation Documents)
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INSURANCE, PAYMENT AND PERFORMANCE BONDS. The CONSULTANT shall maintain the required insurance coverage and Payment and Performance Bonds as required through the completion of the Contract, including all warranty and guarantee periods.
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INSURANCE, PAYMENT AND PERFORMANCE BONDS. As a condition to the City’s execution of this Agreement, Contractor will be required to furnish payment and performance bonds in the amount of the Guaranteed Maximum Price. All bonds shall be executed by a corporate surety or corporate sureties that are reasonably acceptable to the City, and duly authorized to do business in the Commonwealth of Virginia, which meet the requirements of Code of Virginia §2.2-4337, as it may be amended from time to time, and are executed in a form acceptable to the City. Contractor shall also furnish any cash escrow, funds, cashier’s checks, certified checks, or letters of credit required for the City’s issuance of any earth-disturbing or other permit and any bonds or security required by VDOT or any other governmental authority. In addition to the payment and performance bond required above, Contractor shall obtain and maintain, and/or shall cause its subcontractors to obtain and maintain insurance coverage required by the Insurance Requirements itemized in Attachment I through Final Completion and, as applicable, through all warranty and guarantee periods provided by the Contract Documents.
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Related to INSURANCE, PAYMENT AND PERFORMANCE BONDS

  • Guaranty of Payment and Performance Guarantor’s obligations under this Guaranty constitute an unconditional guaranty of payment and performance and not merely a guaranty of collection.

  • PAYMENT AND PERFORMANCE OF LIABILITIES The Borrowers shall pay each payment Liability when due (or when demanded, if payable on demand) and shall promptly, punctually, and faithfully perform each other Liability.

  • Payment and Performance Borrower will pay all amounts due under the Loan Documents in accordance with the terms thereof and will observe, perform and comply with every covenant, term and condition expressed or implied in the Loan Documents. Borrower will cause each other Restricted Person to observe, perform and comply with every such term, covenant and condition.

  • Payment and Performance of Obligations Pay and perform all material Obligations under this Agreement and the other Loan Documents, and pay or perform (a) all taxes, assessments and other governmental charges that may be levied or assessed upon it or any of its property, and (b) all other indebtedness, obligations and liabilities in accordance with customary trade practices; except to the extent that IPT or the Borrower is contesting any item described in clauses (a) or (b) of this Section 7.5 in good faith and is maintaining adequate reserves with respect thereto in accordance with GAAP.

  • Payment of Indebtedness and Performance of Obligations The Borrower shall pay and discharge when due all lawful Indebtedness, obligations and claims for labor, materials and supplies or otherwise which, if unpaid, could reasonably be expected to (a) have a Material Adverse Effect on the Borrower or (b) give rise to the imposition of a Lien (other than a Permitted Lien) upon the property of the Borrower, unless and to the extent only that the validity of such Indebtedness, obligation or claim shall be contested in good faith and by appropriate proceedings diligently conducted by or on behalf of the Borrower, and provided that such reserve or other appropriate provision as shall be required in accordance with Applicable Accounting Principles shall have been made therefor.

  • Continuity of Service and Performance Unless otherwise agreed in writing, the Parties shall continue to provide service and honor all other commitments under this Agreement during the course of a Dispute with respect to all matters not subject to such Dispute.

  • Surety Obligations No Borrower or Subsidiary is obligated as surety or indemnitor under any bond or other contract that assures payment or performance of any obligation of any Person, except as permitted hereunder.

  • Capacity and Performance (a) During the term hereof, the Executive shall serve the Company as its Vice President and Chief Operating Officer. In addition, and without further compensation, the Executive shall serve as a director of the Company, if so elected by the stockholders of the Company, and shall serve as a director of one or more of the Company’s Affiliates if so elected from time to time.

  • Guaranty of the Obligations Subject to the provisions of Section 7.2, Guarantors jointly and severally hereby irrevocably and unconditionally guaranty to Administrative Agent for the ratable benefit of the Beneficiaries the due and punctual payment in full of all Obligations when the same shall become due, whether at stated maturity, by required prepayment, declaration, acceleration, demand or otherwise (including amounts that would become due but for the operation of the automatic stay under Section 362(a) of the Bankruptcy Code, 11 U.S.C. § 362(a)) (collectively, the “Guaranteed Obligations”).

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