The Bond. The parties agree to secure and maintain the Bond, which will ensure each Party’s respective portfolios, directors/trustees, partners and officers, and may insure such Party’s agents and employees (with each of such insureds being referred to as an “Insured” and any Party and such of its Insureds being referred to as a “Party and its Insureds”).
The Bond. Surety hereby unconditionally, absolutely, and irrevocably guarantees to ERCOT and its successors and assigns the full punctual payment and performance by the Principal of all of the Principal’s payment obligations to ERCOT under the Standard Form Agreement and/or ERCOT Protocols (the “Obligations” or “Obligation”) in an aggregate amount that is not greater than Amount of this Bond. As used in this Surety Bond, the term Obligations or Obligation means, collectively, the following:
The Bond. In order to provide funds for the purposes set forth in the preamble to this Contract, the Authority will, in accordance with the Act, issue the Bond, and all of the covenants, agreements, and provisions hereof shall, to the extent provided herein and in the Resolution, be for the benefit and security of the owner of the Bond.
The Bond. When the Bond is issued, transferred and delivered in accordance with the provisions of this Agreement, the Bond will have been duly authorized, executed, issued and delivered and will constitute the valid and special and limited obligation of the Issuer payable solely from the revenues and other monies derived by the Issuer from this Agreement. The Bond shall not be in any way a debt or liability of the Commonwealth or any political subdivision thereof, except the non-recourse obligation of the Issuer, and shall not create or constitute any indebtedness, liability or obligation of the Commonwealth or of any political subdivision thereof, except the non-recourse obligation of the Issuer, either legal, moral or otherwise. The Bond does not now and shall never constitute a charge against the general credit of the Issuer.
The Bond. When the Bond is issued, transferred and delivered in accordance with the provisions of this Agreement, the Bond will have been duly authorized, executed, issued and delivered and will constitute the valid and special, limited obligation of the Authority payable solely from the revenues derived by the Authority from this Agreement. The Bond and the interest thereon do not constitute a general obligation, debt, bonded indebtedness or a pledge of the faith and credit, of the Authority or of the State or any political subdivision of the State, and the holders or owners of the Bond has no right to have taxes levied by the general assembly or taxing authority of any political subdivision of the State for the payment of the principal of or interest on the Bond, but the Bond is payable solely from the revenues and funds pledged for its payment as authorized under the Act. The Bond shall contain on its face thereof a statement to the effect that the Bond, as to both principal and interest, is not debts of the State or any political subdivision of the State, but is payable solely from revenues and funds pledged for its payment.
The Bond. The Bank represents and warrants that it is the sole holder and owner of the Bond and that no Event of Default (as defined in the Loan Agreement) exists in relation to the Bond. The Bank reiterates its representations applicable to the Bond and set forth in its bank investment letter dated August 3, 2012 as now applicable to the Modified Bond (as defined below). The Bond shall be amended in accordance with the Allonge in the form attached hereto as Exhibit A (the “Allonge”), which original executed Allonge shall be attached to the Bond as an amendment to the Bond. The Bond, as so amended, is referred to hereinafter as the “Modified Bond.”
The Bond. The HIRER may be asked to pay a bond of up to £100. If the HIRER is asked to pay the bond the booking will be deemed provisional until it is paid. Payment should be made by bank transfer 1(i). Repayment of the bond will be made within 1 week after the event if the hire conditions are adhered to. The Management reserve the right to deduct costs from the £100 bond for any incidental damage, additional cleaning, call out fees for emergency services and any other related costs. All additional items not quoted but requested at the event will also be charged and deducted from the Bond. We reserve the right to charge for any additional repairs / costs howsoever caused, in excess of the value of the bond.
The Bond. All advances in cash or in property under the Credit Facility shall be evidenced by the Bond which shall be issued in the form of a draw-down instrument in substantially the form reviewed by the Purchaser and approved by the Bond Resolution, with such modifications, if any, as are acceptable to the Issuer and the Purchaser, the Issuer's approval of such modifications, if any, to be conclusively presumed by the execution and delivery thereof, and the Purchaser's acceptance of such modifications, if any, to be conclusively presumed by the Purchaser's acceptance of the Bond at the time of the initial advance with respect to the initial draw hereunder. The Bond shall be registered in the name of the Purchaser.
The Bond. Â At the start of the Residential Tenancy Agreement, you need to pay your Landlord a Bond. Â A Bond is a safety net for the Landlord in case you break the terms of your Service Agreement and money is lost. Â The amount of money for the Bond will not more be than the total of four weeks rent. Â You may need to pay the Bond in one go or you may be able to pay in parts. Â Person acting on behalf of your Landlord must give the Bond to Renting Services, a Government Agency. Â The Landlord must deposit the Bond within 10 days of receiving the final bond payment. (Residential Tenancies Xxx 0000 (NSW) section 162)). Â If the Bond is paid in parts, other timeframes apply (see section 162). Â When the Bond has been given to the Renting Services, they will send you a receipt. If you haven’t received a receipt, give Renting Services a ring to see if they got the Bond. Â Xxxxxxxxx cannot ask for any other Bonds, such as guarantees, from people who are not part of your Xxxxxxxxx Service Agreement. These sham activities are illegal (section 219(2)).