Provision of a Bond Sample Clauses

Provision of a Bond. In conformity with Article 25 of the General Implementing Rules, a bond is required that amounts to 5% of the initial amount of the contract, rounded up to the next increment of ten The contractor must, within 30 calendar days, as from the day of the awarding of the contract, furnish proof that he or a third party has posted the bond in one of the ways set out in Article 25 of the GIR. If the bond is posted in cash, the money must be transferred to the following account (see procedure on xxx.xxxxxxxxxxxxxxx.xx): PCR No. 000-0000000-00, on the name of SPF FINANCES – TRÉSORERIE (FPS Finances – Treasury) Caisse des Dépôts et Consignations (Deposit and Consignment Office) Cautionnement en numéraire (Deposit in cash) Xxxxxx xxx Xxxx 00 0000 Xxxxxxxx Tel.: 02/000.00.00 Fax: 02/000.00.00 If the bond is posted under the form of a bank guarantee (unconditional), it must be posted in one of the following ways:  Through an institution that is recognized by the Banking, Finance and Insurance Commission (CBFA), or  In derogation of article 26 of the Royal Decree of 14/01/2013, through an institution with a registered office in one of the countries of destination of the services. The contracting authority maintains the right to accept or refuse the posting of the bond through that institution. The tenderer will mention the name and address of this institution in the tender. This derogations intends to enlargen the possibilities for local enterprises to introduce a tender. Institutions that are recognized by the Banking, Finance and Insurance Commission (CBFA):  Credit institutions: xxxx://xxx.xxxx.xx/fr/Supervision/finbem/ki/liki/ki.aspx; xxxx://xxx.xxxx.xx/nl/Supervision/finbem/ki.aspx  Insurance companies:xxxx://xxx.xxxx.xx/fr/Supervision/finbem/vohvo/Article/livo/vo.aspx; xxxx://xxx.xxxx.xx/nl/Supervision/finbem/vohvo/Article/livo/vo.aspx; In any case, the bond will be unconditional and no date of automatic release will be mentioned. The bond falls under the principles of Belgian law and only Belgian courts are competent in case of litigation (See “Model of proof of posting bond)”.
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Related to Provision of a Bond

  • Provision of Security At least thirty (30) Calendar Days prior to the commencement of the procurement, installation, or construction of a discrete portion of a Connecting Transmission Owner’s Attachment Facilities, Developer shall provide Connecting Transmission Owner, at Developer’s option, a guarantee, a surety bond, letter of credit or other form of security that is reasonably acceptable to Connecting Transmission Owner and is consistent with the Uniform Commercial Code of the jurisdiction identified in Article 14.2.1 of this Agreement. Such security for payment shall be in an amount sufficient to cover the cost for the Developer’s share of constructing, procuring and installing the applicable portion of Connecting Transmission Owner’s Attachment Facilities, and shall be reduced on a dollar-for-dollar basis for payments made to Connecting Transmission Owner for these purposes. In addition:

  • Provision of Access Subject to the terms of this Agreement, Flock hereby grants to Agency a non-exclusive, non-transferable right to access the features and functions of the Services via the Web Interface during the Service Term (as defined in Section 6.1 below), solely for the Authorized End Users. The Footage will be available for Agency ’s designated administrator, listed on the order form, and any Authorized End Users to access via the Web Interface for thirty (30) days. Authorized End Users will be required to sign up for an account and select a password and username (“User ID”). Flock will also provide Agency with the Documentation to be used in accessing and using the Services. Agency shall be responsible for all acts and omissions of Authorized End Users, and any act or omission by an Authorized End User which, if undertaken by Agency, would constitute a breach of this Agreement, shall be deemed a breach of this Agreement by Agency. Agency shall undertake reasonable efforts to make all Authorized End Users aware of the provisions of this Agreement as applicable to such Authorized End User’s use of the Services, and shall cause Authorized End Users to comply with such provisions. Flock may use the services of one or more third parties to deliver any part of the Services, including without limitation using a third party to host the Web Interface which makes the Services available to Agency and Authorized End Users. Warranties provided by said third party service providers are the agency’s sole and exclusive remedy and flock’s sole and exclusive liability with regard to such third-party services, including without limitation hosting the web interface. Agency agrees to comply with any acceptable use policies and other terms of any third-party service provider that are provided or otherwise made available to Agency from time to time.

  • Provision of Service NYISO will provide Developer with interconnection service of the following type for the term of this Agreement.

  • Provision of Services (a) The HSP will provide the Services in accordance with, and otherwise comply with:

  • Provision of Equipment 6.1 Unless any event described in Article 2.2 or 2.3 of this Agreement occurs, all of the equipment required for any of Party B’s business shall be provided by Party A on an exclusive basis or be provided by the equipment supplier designated by Party A. The specific way to provide such equipment (including without limitation, lease, sales and transfer) shall be decided by Party A unilaterally.

  • Provision of Funding 3.1 In each Funding Year, the LHIN shall advise the HSP of the amount of its Estimated Provincial Subsidy. The amount of the Estimated Provincial Subsidy shall be calculated on both a monthly basis and an annual basis and will be allocated among the Envelopes and other funding streams applicable to the HSP, including the CFS.

  • Guarantee; Provision of Funds Section 2.01. The Guarantor declares its commitment to the objectives of the Project as set forth in Schedule 2 to the Loan Agreement, and, to this end, without limitation or restriction upon any of its other obligations under the Guarantee Agreement, the Guarantor hereby unconditionally guarantees, as primary obligor and not as surety merely, the due and punctual payment of the principal of, and interest and other charges on, the Loan, and the premium, if any, on the prepayment of the Loan, and the punctual performance of all the other obligations of the Borrower, all as set forth in the Loan Agreement.

  • PROVISION OF NOTICE A notice in writing can be provided personally or by hand, or by letter, fax, email or the Website or via the Trading Platform. We may send notices to you via the Trading Platform, at your last known home or email address, place of work, fax, telephone, pager number or other contact details.

  • TERMS OF PROVISION OF SERVICES 2.1. The Contractor performs work for the Customer at his own risk and personally. At the same time, the Contractor has the right, with the consent of the Customer, to involve other persons (subcontractors) in the performance of work, remaining responsible to the Customer for the result of their work. Involvement of other persons (subcontractors) in the performance of works must be carried out in full accordance with the terms of this Agreement.

  • Provision of welfare and basic services shall only be supported as part of wider actions addressing awareness-raising, advocacy, empowerment and reform initiatives

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