Compliance Bond definition

Compliance Bond means the amount set out in the Schedule. Contract means the Schedule, terms and conditions and any annexure, additional clauses and attachments forming part of this Contract; Covenant includes restrictive covenant;
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Compliance Bond means the amount set out in the Schedule; Covenant includes restrictive covenant;
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Compliance Bond means the amount set out in the Schedule; Contract means the Schedule, terms and conditions and any annexure, additional clauses and attachments forming part of this Contract; Covenant includes restrictive covenant; Default Notice means a notice in accordance with clauses 25.5 and 25.6; Deposit means the deposit forming part of the Price specified in the Schedule; Deposit Bond means a deposit insurance bond issued to the Seller at the request of the Buyer in a form satisfactory to the Seller; Development has the meaning in the Planning Act; Development Manager means Riverview Projects (ACT) Pty Ltd ACN 165 870 539, ABN 30 165 870 539; Dwelling Completion means the point at which all of the following have been satisfied in relation to the Land:
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Examples of Compliance Bond in a sentence

  • The successful bidder, upon award of contract, shall furnish at the time of execution of the same, a Maintenance Bond, Payment Bond, and Performance Bond by a surety company acceptable to the City of Reading, in an amount equal to ONE HUNDRED PERCENT (100%) of the contract to guarantee satisfactory performance, and a Wage Rate Compliance Bond in an amount equal to FIFTY PERCENT (50%) of the contract.

  • For clarity, the Buyer acknowledges that the purpose of these amendments is to require the undertaking of the Front Landscaping as an obligation which is secured by the Compliance Bond.

  • In addition to the Accreditation Fees, the Participant agrees to pay a special assessment (“Compliance Assessment”) in the event that any state agency gives notice to ESAC of the agency’s intent to file a claim against an Affidavit of Compliance Bond because of an alleged default by the Participant.

  • The Bonds given by the Design-Builder shall be a Compliance Bond in a sum equal to one-hundred (100) per centum, and a Labor and Materials Bond in the sum equal to one-hundred (100) per centum of the total contract price of the work to be done, to secure a proper compliance with the terms and provisions of this Contract Such bonds are attached to and made a part of the Contract.

  • If it does so, any interest earned on the Compliance Bond will be the Seller's.

  • In case of any change of the scope which entails a modification of the Contract price and/or the Period of Performance, the Compliance Bond shall be modified accordingly in accordance with the new Contract price and/or Period of Performance.

  • Any Compliance Bond forfeited (or proportionate part of the Compliance Bond forfeited) must be reinstated by the Buyer to the Seller within 7 days of demand.

  • If so, any interest earned on the Compliance Bond will be the Seller's.


More Definitions of Compliance Bond

Compliance Bond means a cash bond or bank guarantee acceptable to the Seller in the amount of $5,000 as security for the performance of the Buyer's obligations under clause 42.
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Compliance Bond means a cash bond or approved bond issued by an approved bonding company in favor of the city.
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