Examples of Bond Guarantee Agreement in a sentence
If the Bond is being backed by the Small Business Administration, then a certified true and correct copy of the Surety Bond Guarantee Agreement, SBA Form 990, must be attached to each copy of the Bond.
The entire unpaid principal amount of this Bond, and all interest thereon, may be declared, and upon such declaration shall become, due and payable to RUS, under the circumstances described, and in the manner and with the effect provided, in the Bond Guarantee Agreement.
Each of the conditions specified in the Bond Guarantee Agreement as being conditions to making Advances under the Bond shall have been satisfied or waived in writing.
To apply for such approval, the Surety must submit a completed ‘‘Surety Bond Guarantee Agreement Addendum’’ (SBA Form 991), together with the evidence and certifications described in§ 115.19(f)(1)(ii).
A Prior Approval Sur- ety may complete and submit a Surety Bond Guarantee Agreement (SBA Form 990) to SBA for each Bid Bond or Final Bond, and this Form must be approved by SBA prior to the Surety’s Execution of the bond, except in the case of a sur- ety bonding line approved by SBA under § 115.33(d).