Damage Bond definition

Damage Bond means the returnable funds deposited with Us minus and incurred damages
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Examples of Damage Bond in a sentence

  • The Public Domain Damage Bond must be submitted as an unconditional bank guarantee or insurance bond as per the Council’s Performance Bond Policy in favour of Council as security for repairing any damage to the public domain in the vicinity of the site (Guarantee).

  • A Public Domain Damage Bond calculated on the basis of 550 square metres of stone site frontage must be lodged with Council in accordance with the City of Sydney’s adopted Schedule of Fees and Charges.

  • To Seller’s knowledge, as of the Closing, EOR Operating Company’s operations do not require a Damage Bond under applicable New Mexico rules and regulations.

Related to Damage Bond

  • threat of serious injury means serious injury that is clearly imminent;

  • Damage Payment means the dollar amount that equals the amount of the Development Security.

  • First Mortgage Bonds means bonds issued by the Company pursuant to the Indenture.

  • Damage to Property means physical injury to or destruction of tangible property, including the loss of its use. Tangible property includes the cost of recreating or replacing stocks, bonds, deeds, mortgages, bank deposits and similar instruments, but does not include the value represented by such instruments.

  • Damage means actual and/or physical damage to tangible property;