Bonded Obligations definition

Bonded Obligations means, collectively, those liabilities with respect to which the Bonding Companies issued the Bonds, whether or not such obligations are contingent, unliquidated or disputed.
Sample 1Sample 2Sample 3
Bonded Obligations means obligations arising under the Bonded Contracts.
Sample 1
Bonded Obligations has the meaning given such term in Section 3.19(a)(i).
Sample 1

Examples of Bonded Obligations in a sentence

  • If, after the Closing, the amount of Bonded Obligations is increased due to the issuance of a rider, supplement or amendment to an existing bond, then Buyer will pay Parent $15 per $1,000 of increase to reimburse Parent for the additional premium it will incur plus handling charges.

  • Following the Closing Date, Buyer and Seller shall communicate with respect to the performance and completion of the Bonded Obligations and Buyer shall afford Seller the opportunity to remedy any actual or reasonably anticipated non-performance or non-completion of any Bonded Obligation.

  • Following the Closing, Buyer shall complete each of the Current Projects, including for purposes of clarity all Bonded Obligations, as expeditiously as possible in accordance with the terms of such projects and will use best efforts to collect all payments due and payable thereunder as soon as practicable following the Closing Date.

  • Upon completion of each Current Project, including for purposes of clarity all Bonded Obligations, Buyer shall pay in full all vendors and contractors on a timely basis and shall use best efforts to have all surety and other bonds and liens removed in connection with such projects.

  • Seller is currently obligated to complete the Current Projects, including for purposes of clarity all Bonded Obligations.

  • Accordingly, the Bonded Obligations issued by Travelers will be assumed by New Elk Horn upon the terms set forth in such documentation to be filed with the Bankruptcy Court.

  • In order to maintain the bonding arrangement with Travelers to cover the reclamation activities on favorable terms, the agreement requires that New Elk Horn assume the existing Bonded Obligations of the Debtors relating to reclamation as well as certain workers’ compensation and federal black lung bonds.

  • Hy vertel hy staan toe een aand en vry teen die voordeur van die ou hoofgebou (agter ou President MT se rug) en toe gaan die deur skielik oop agter die meisie.

  • We have lost pa- tience with the intransigence that keeps a war going that neither side can afford.

  • Reasonableness of Developers’s Costs to Complete the Outstanding Bonded Obligations Finally, the Defendants contend that summary judgment is inappropriate because there is a genuine dispute as to the reasonableness of Developers’s costs to complete the remaining bonded obligations.

Related to Bonded Obligations

  • Guaranteed Obligations has the meaning set forth in Section 11.01.

  • Guaranty Obligation has the meaning specified in the definition of "Contingent Obligation."

  • Loan Obligations means (a) the due and punctual payment by the Borrower of (i) the unpaid principal of and interest (including interest accruing during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding) on the Loans made to the Borrower under this Agreement, when and as due, whether at maturity, by acceleration, upon one or more dates set for prepayment or otherwise, (ii) each payment required to be made by the Borrower under this Agreement in respect of any Letter of Credit, when and as due, including payments in respect of reimbursement of disbursements, interest thereon (including interest accruing during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding) and obligations to provide Cash Collateral and (iii) all other monetary obligations of the Borrower owed under or pursuant to this Agreement and each other Loan Document, including obligations to pay fees, expense reimbursement obligations and indemnification obligations, whether primary, secondary, direct, contingent, fixed or otherwise (including monetary obligations incurred during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding), and (b) the due and punctual payment of all obligations of each other Loan Party under or pursuant to each of the Loan Documents.

  • Apportioned Obligations has the meaning set forth in Section 5.2(b).

  • L/C Obligations means, as at any date of determination, the aggregate amount available to be drawn under all outstanding Letters of Credit plus the aggregate of all Unreimbursed Amounts, including all L/C Borrowings. For purposes of computing the amount available to be drawn under any Letter of Credit, the amount of such Letter of Credit shall be determined in accordance with Section 1.09. For all purposes of this Agreement, if on any date of determination a Letter of Credit has expired by its terms but any amount may still be drawn thereunder by reason of the operation of Rule 3.14 of the ISP, such Letter of Credit shall be deemed to be “outstanding” in the amount so remaining available to be drawn.