{"component": "definition", "props": {"groups": [{"size": 88, "samples": [{"hash": "56z6QgtmibS", "uri": "/contracts/56z6QgtmibS#payment-security", "label": "Ground Service Equipment Facilities Space Rental Agreement", "score": 36.4729818341, "published": true}, {"hash": "l1xXOLVgYYd", "uri": "/contracts/l1xXOLVgYYd#payment-security", "label": "Space Rental Agreement", "score": 36.3169591118, "published": true}, {"hash": "hEBHeDMmpPC", "uri": "/contracts/hEBHeDMmpPC#payment-security", "label": "Space Rental Agreement", "score": 36.2358360291, "published": true}], "snippet_links": [{"key": "irrevocable-letter-of-credit", "type": "definition", "offset": [26, 54]}, {"key": "similar-security", "type": "definition", "offset": [64, 80]}, {"key": "to-authority", "type": "clause", "offset": [92, 104]}, {"key": "equal-to", "type": "definition", "offset": [118, 126]}, {"key": "the-estimate", "type": "clause", "offset": [127, 139]}, {"key": "tax-assessments", "type": "clause", "offset": [168, 183]}, {"key": "performance-by-company", "type": "clause", "offset": [265, 287]}, {"key": "obligations-under-this-agreement", "type": "clause", "offset": [295, 327]}, {"key": "payment-of", "type": "definition", "offset": [336, 346]}, {"key": "assessments-and-charges", "type": "clause", "offset": [362, 385]}, {"key": "basic-agreement", "type": "clause", "offset": [441, 456]}], "snippet": "means an acceptable bond, irrevocable letter of credit or other similar security acceptable to Authority in an amount equal to the estimate of three (3) months\u2019 Rents, tax assessments, and charges, payable by Company under this Agreement, to guarantee the faithful performance by Company of its obligations under this Agreement and the payment of all Rents, tax assessments and charges due under this Agreement, the Resolution, or Company\u2019s Basic Agreement, as applicable.", "hash": "036a29c0c140a54637c16db8812780e0", "id": 1}, {"size": 6, "samples": [{"hash": "9Epf6hUwyLJ", "uri": "/contracts/9Epf6hUwyLJ#payment-security", "label": "Affiliate Carrier Operating Agreement", "score": 36.4729818341, "published": true}, {"hash": "i6jOFYQ67xw", "uri": "/contracts/i6jOFYQ67xw#payment-security", "label": "Affiliate Carrier Operating Agreement", "score": 34.9386749268, "published": true}, {"hash": "4MVJbnaLnW9", "uri": "/contracts/4MVJbnaLnW9#payment-security", "label": "Affiliate Carrier Operating Agreement", "score": 27.1656398773, "published": true}], "snippet_links": [{"key": "section-44", "type": "clause", "offset": [36, 47]}], "snippet": "shall have the meaning set forth in Section 4.4.", "hash": "c861ca645390ab1e473923e8eb6927f1", "id": 2}, {"size": 3, "samples": [{"hash": "dQd2b1rfMlK", "uri": "https://www.aramcotrading.com/beta/Data/FileManager/files/Aramco-Trading-GTCs-Polymer-(March-2014-Edition).pdf", "label": "www.aramcotrading.com", "score": 6.6481862068, "published": false}, {"hash": "2Pl3UW3f1xL", "uri": "https://aramcotrading.com/beta/Data/FileManager/files/Aramco-Trading-GTCs-BULK-Products-April-2013.pdf", "label": "aramcotrading.com", "score": 4.8069815636, "published": false}, {"hash": "8C9oVI4Pfy7", "uri": "https://aramcotrading.com/beta/Data/FileManager/files/Aramco-Trading-GTCs-(November-2011-Edition).pdf", "label": "aramcotrading.com", "score": 3.951403141, "published": false}], "snippet_links": [{"key": "for-buyer", "type": "definition", "offset": [14, 23]}, {"key": "payment-obligation", "type": "definition", "offset": [26, 44]}], "snippet": "means support for Buyer\u2019s payment obligation as described in Section", "hash": "95ae7dff045aac56562c5c3267ab4ca8", "id": 3}, {"size": 3, "samples": [{"hash": "4SYPj3tydZp", "uri": "/contracts/4SYPj3tydZp#payment-security", "label": "Power Purchase Agreement", "score": 35.5888786316, "published": true}, {"hash": "chFpl8eOXiE", "uri": "/contracts/chFpl8eOXiE#payment-security", "label": "Power Purchase Agreement", "score": 31.956413269, "published": true}, {"hash": "7q31c4D0LG0", "uri": "/contracts/7q31c4D0LG0#payment-security", "label": "Power Purchase Agreement", "score": 25.4325809479, "published": true}], "snippet_links": [], "snippet": "shall have the meaning ascribed thereto in Article 10.4 of this Mechanism\u201d Agreement;", "hash": "2bb78a213c56944934756fe2fa341a1d", "id": 4}, {"size": 2, "samples": [{"hash": "hZAOly7U4Xg", "uri": "https://mgaleg.maryland.gov/2000rs/bills/hb/hb1019f.PDF", "label": "mgaleg.maryland.gov", "score": 9.0355920792, "published": false}, {"hash": "hBuTf9OmnIZ", "uri": "https://mgaleg.maryland.gov/1999rs/bills/hb/hb0591f.pdf", "label": "mgaleg.maryland.gov", "score": 8.8507871628, "published": false}], "snippet_links": [{"key": "payment-to-the", "type": "clause", "offset": [28, 42]}, {"key": "utility-contractor", "type": "definition", "offset": [45, 63]}], "snippet": "means security to guarantee payment to the 9 utility contractor, subcontractors, and suppliers that provide labor, materials, or", "hash": "96a5224a03d87b605e538ed6f3be4d53", "id": 5}, {"size": 2, "samples": [{"hash": "k2vpQRPAl6y", "uri": "https://merlinpetroleum.com/terms/Stone%20Terms%20%20Conditions%20April%207%202021.pdf", "label": "merlinpetroleum.com", "score": 14.7886295319, "published": false}, {"hash": "cyvr0hag2nP", "uri": "http://stoneoil.com/Stone-Terms-Conditions-4-7-2020.pdf", "label": "stoneoil.com", "score": 8.6317586899, "published": false}], "snippet_links": [{"key": "parent-company-guarantee", "type": "definition", "offset": [22, 46]}, {"key": "to-the-seller", "type": "definition", "offset": [88, 101]}, {"key": "bank-guarantee", "type": "definition", "offset": [105, 119]}, {"key": "financial-instrument", "type": "definition", "offset": [133, 153]}, {"key": "agreed-between-the-parties", "type": "clause", "offset": [154, 180]}], "snippet": "means the prepayment, Parent Company Guarantee, a guarantee from a guarantor acceptable to the Seller, a bank guarantee or any other financial instrument agreed between the Parties.", "hash": "bf7348e7f95a3a1dde9896452234a353", "id": 6}, {"size": 2, "samples": [{"hash": "j1eo7T9hQpj", "uri": "/contracts/j1eo7T9hQpj#payment-security", "label": "Concession Agreement", "score": 34.0409202576, "published": true}, {"hash": "6i1XOXqTqen", "uri": "/contracts/6i1XOXqTqen#payment-security", "label": "Concession Agreement", "score": 28.2159690857, "published": true}], "snippet_links": [{"key": "form-of", "type": "clause", "offset": [22, 29]}, {"key": "bank-guarantee", "type": "definition", "offset": [32, 46]}, {"key": "the-concessionaire-shall", "type": "clause", "offset": [100, 124]}, {"key": "payment-of-concession-fee", "type": "clause", "offset": [148, 173]}, {"key": "in-accordance-with", "type": "definition", "offset": [174, 192]}], "snippet": "means security in the form of a bank guarantee as per the format mentioned under Schedule VI, which the Concessionaire shall provide to CoC for the payment of Concession Fee in accordance with Article 6.1.", "hash": "56259bfee53a69480602f9781d87c8a4", "id": 7}, {"size": 2, "samples": [{"hash": "fvolKBviUPy", "uri": "/contracts/fvolKBviUPy#payment-security", "label": "Agreement for the Sale of Power and Provision of Related Services", "score": 22.7837104797, "published": true}, {"hash": "d72yVSa7HYZ", "uri": "/contracts/d72yVSa7HYZ#payment-security", "label": "Agreement for the Sale of Power and Provision of Related Services", "score": 22.7837104797, "published": true}], "snippet_links": [{"key": "in-clause", "type": "clause", "offset": [31, 40]}], "snippet": "has the meaning ascribed to it in Clause 6.8.", "hash": "2c07cef963a935537f4e5c93f1186f75", "id": 8}, {"size": 2, "samples": [{"hash": "3G8KDOZCqsK", "uri": "https://mgaleg.maryland.gov/2013RS/fnotes/bil_0003/hb0293.pdf", "label": "Contract", "score": 8.667350769, "published": false}, {"hash": "ccRKfChK5z7", "uri": "https://mgaleg.maryland.gov/2013RS/fnotes/bil_0000/sb0140.pdf", "label": "Contract", "score": 8.667350769, "published": false}], "snippet_links": [{"key": "payment-for-labor-and-materials", "type": "clause", "offset": [28, 59]}, {"key": "a-construction-contract", "type": "definition", "offset": [66, 89]}, {"key": "performance-security", "type": "definition", "offset": [92, 112]}, {"key": "the-performance", "type": "clause", "offset": [150, 165]}, {"key": "a-contractor", "type": "clause", "offset": [226, 238]}, {"key": "form-of", "type": "clause", "offset": [246, 253]}, {"key": "surety-bond", "type": "definition", "offset": [256, 267]}], "snippet": "means security to guarantee payment for labor and materials under a construction contract. \u201cPerformance security\u201d is defined as security to guarantee the performance of a construction contract. Security is usually provided by a contractor in the form of a surety bond.", "hash": "4d41a22bf49da2bf571ccfc37b8169e0", "id": 9}, {"size": 2, "samples": [{"hash": "exHjfK4MAs4", "uri": "https://princeedwardcounty.civicweb.net/document/262611/", "label": "princeedwardcounty.civicweb.net", "score": 10.1697463989, "published": false}], "snippet_links": [{"key": "required-by", "type": "definition", "offset": [27, 38]}, {"key": "bid-solicitation", "type": "definition", "offset": [67, 83]}, {"key": "payment-of", "type": "definition", "offset": [115, 125]}, {"key": "materials-to-be-supplied", "type": "clause", "offset": [137, 161]}, {"key": "in-connection-with", "type": "clause", "offset": [162, 180]}], "snippet": "means the form of security required by the terms and conditions of Bid Solicitation documentation to guarantee the payment of labour and materials to be supplied in connection with a Contract, which may include a labour and materials bond;", "hash": "5d063046d4410978e2b0b65dfc3520b0", "id": 10}], "next_curs": "Cl0SV2oVc35sYXdpbnNpZGVyY29udHJhY3RzcjkLEhpEZWZpbml0aW9uU25pcHBldEdyb3VwX3Y1NiIZcGF5bWVudC1zZWN1cml0eSMwMDAwMDAwYQyiAQJlbhgAIAA=", "definition": {"title": "Payment Security", "size": 119, "snippet": "means an acceptable bond, irrevocable letter of credit or other similar security acceptable to Authority in an amount equal to the estimate of three (3) months\u2019 Rents, tax assessments, and charges, payable by Company under this Agreement, to guarantee the faithful performance by Company of its obligations under this Agreement and the payment of all Rents, tax assessments and charges due under this Agreement, the Resolution, or Company\u2019s Basic Agreement, as applicable.", "id": "payment-security", "examples": ["The forms for Performance Security and Advance <strong>Payment Security</strong>, when required, shall only be completed by the successful tenderer after contract award.", "Subject to the provisions of the <strong>Payment Security</strong> Requirements Section above, the <strong>Payment Security</strong> will be returned within ninety (90) days following the expiration of the Term of this Agreement, subject to the satisfactory performance by Company of all terms, conditions, and covenants contained herein.", "Such <strong>Payment Security</strong> will require notice by the surety to Authority at least sixty (60) days prior to any cancellation.", "If Company fails to obtain and keep in force the <strong>Payment Security</strong> required hereunder, such failure will be grounds for immediate termination of this Agreement.", "If such renewal or replacement <strong>Payment Security</strong> is not provided within thirty days prior to cancellation, the Authority may draw upon such <strong>Payment Security</strong> and hold such funds as <strong>Payment Security</strong> hereunder.", "Such <strong>Payment Security</strong> will be in a form and with a company acceptable to the Authority and licensed to do business in the State.", "In the event that any such <strong>Payment Security</strong> is for a period less than the full period required under this Agreement or if such <strong>Payment Security</strong> is canceled, Company will provide a renewal or replacement <strong>Payment Security</strong> for the remaining required period at least sixty (60) days prior to the date of such expiration or cancellation.", "Unless Company has maintained an agreement similar to this Agreement with Authority during the eighteen (18) months prior to the Effective Date without the occurrence of any failure to pay within sixty (60) days or more of the due date under such prior agreement, Company will provide Authority on or before the Effective Date with acceptable <strong>Payment Security</strong>.", "Such <strong>Payment Security</strong> will be in a form and with a company acceptable to Authority and licensed to do business in the State.", "The Company will be obligated to maintain such <strong>Payment Security</strong> in effect until the expiration of eighteen (18) consecutive months during which Company commits no default under this Agreement."], "related": [["investment-security", "Investment security", "Investment security"], ["payment-security-mechanism", "Payment Security Mechanism", "<strong>Payment Security</strong> Mechanism"], ["government-security", "Government Security", "Government Security"], ["development-security", "Development Security", "Development Security"], ["equivalent-security", "Equivalent Security", "Equivalent Security"]], "related_snippets": [], "updated": "2025-07-10T05:58:13+00:00"}, "json": true, "cursor": ""}}