Bond Amount definition

Bond Amount means the amount specified in Annexure 1.

Bond Amount. [[ ] pounds sterling (£)] or such other amount as may from time to time be amended by an Extension Notice;

Bond Amount is defined in Clause 6.1.

Examples of Bond Amount in a sentence

• Provide the Name of the Surety who issued the Bond along with the Bond Number and Bond Amount for each Bond outstanding as of the filing of this Report.

• The liability of the Surety under this Surety Bond is restricted to the Bond Amount and this Surety Bond shall come into force from the date of its issue and shall remain in full force and effect up to its Validity date.

• The Bond Amount shall be automatically reduced by the value of the Works (as determined in accordance with the Contract) executed by the Contractor and each certificate issued under the Contract in respect of such value shall be conclusive for the purposes of this Advance Payment Bond.

• Single Transaction Bond Amount – STB coverage amount in whole U.S. dollars.

• On determination by the Obligee, in its sole and absolute discretion, that the Principal is in default of its obligations under the Agreement, the Surety and Principal agree that the Surety will make payments to the Obligee for amounts demanded by the Obligee, up to an aggregate of the Bond Amount, within ten (10) business days after the Surety’s receipt of a Demand from the Obligee at the address noted herein by hand or courier.

More Definitions of Bond Amount

Bond Amount means the amount of bonds (“the Bonds”) to be issued by the City Bodies in the approximate amount of Six Million Three Hundred Thousand Dollars ($6,300,000) as further described in Section 2a below.

Bond Amount shall include the Applicant’s estimated cost to construct the Improvements, together with a reasonable contingency of 20% of said cost, intended to cover the costs of inflation and unforeseen conditions or other circumstances.

Bond Amount means the amount referred to in clause 8 of Annex 1;

Bond Amount means the amount of a Bond required to be posted under section 2.6.1(a)(1) or section 2.6.5.

Bond Amount. [insert amount in words] sterling (£ [insert amount in figures]) (being the sum assessed by the Admission Body to the satisfaction of the Administering Authority [and the Scheme Employer] on actuarial advice) or such other amount as may from time to time be stated in an Extension Notice.]

Bond Amount means [insert maximum amount of bond].

Bond Amount. As provided in the Connection Offer Letter in Annexure 1;