Bond Undertaking definition
Bond Undertaking means an undertaking given to the Council by a bank or reputable insurance company in the form included in the Instructions to Tenderers;
Examples of Bond Undertaking in a sentence
Agile shall have the exclusive right, even as to Corium, to Commercialize the Product in the Territory.
If so required by the Council, the Contractor shall, within 21 days of the Contract Date, provide to the Council, at the Contractor’s own expense, the Performance Bond from the entity which has executed the Performance Bond Undertaking.
Labour Laws-Indemnity Bond/ Undertaking: The successful contractors shall have to give anIndemnityBond/UndertakingtotheCorporationintheprescribedformforcoveringtheprovisio nsoftheabovestatutesup tothelatest amendmentsas applicable.