Examples of Bonding Agreement in a sentence
The Borrower and its Subsidiaries are in compliance in all material respects with all terms and conditions set forth in each Bonding Agreement and no default has occurred thereunder.
No Loan Party shall modify any term of any Bonding Agreement such that the Property subject to any Lien in favor of the Bonding Company attaches to any Property not directly connected to the applicable Bond.
The Borrower and its Subsidiaries shall (i) have available bonding capacity under one or more Bonding Agreements in an amount sufficient to operate their respective businesses in the ordinary course, and (ii) be in compliance in all material respects with all terms and conditions set forth in each Bonding Agreement and shall not permit a default to occur thereunder, as set forth in, or otherwise permitted by, Section 6.25.
Nothing in this Plan shall diminish or impair any applicable Sureties’ indemnification rights against the Debtors or the Reorganized Debtors, or other indemnitors, subject to the limitations with respect to Black Butte as provided in the Plan and Reclamation Trust Entity Bonding Agreement.
Please provide more information on the Bonding Agreement identified on pages 21 and 34, as there is no additional information in the RFP or any of the attachments or forms.