Common use of Maintenance Payment and Performance Bonds Clause in Contracts

Maintenance Payment and Performance Bonds. As Maintenance Security, DB Contractor may elect to provide and maintain payment and performance bonds in the amount and pursuant to the requirements set forth in this Section 7.4 (the “P&P Bonds”).

Appears in 5 contracts

Samples: Disputes Board Agreement, Capital Maintenance Agreement, Capital Maintenance Agreement

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Maintenance Payment and Performance Bonds. 3.3.3.1 As Maintenance Security, DB Contractor may elect to provide and maintain payment and performance bonds in the amount and pursuant to the requirements set forth in this Section 7.4 3.3.3 and Section 4.1 of the CMA (the “P&P Bonds”).

Appears in 3 contracts

Samples: Capital Maintenance Agreement, Capital Maintenance Agreement, Capital Maintenance Agreement

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Maintenance Payment and Performance Bonds. 3.2.3.1 As Maintenance Security, DB Contractor may elect to provide and maintain payment and performance bonds in the amount and pursuant to the requirements set forth in this Section 7.4 3.2.3 and Section 4.1 of the CMA (the “P&P Bonds”).

Appears in 2 contracts

Samples: Capital Maintenance Agreement, Capital Maintenance Agreement

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