Performance Bonds means the assets made available to the Clearing House by each Clearing Member as security for its obligations to the Clearing House pursuant to CME Rule 820, CBOT Rule 820, NYMEX Rule 820 or any other similar Rule, as applicable.
Performance Bonds has the meaning specified in Section 7.03(d).
Performance Bonds means the assets deposited with the Clearing House by each Clearing Member as security for its obligations to the Clearing House pursuant to CME Rule 821.
Examples of Performance Bonds in a sentence
In Texas, Performance Bonds are required when the project is valued at greater than $100,000 and Payment Bonds on jobs over $25,000.
Contactor shall furnish labor and materials Payment and Performance Bonds and shall be 100% of the negotiated Contract Sum.
The Payment and Performance Bonds shall be in the amount of the Contract Sum.
The premium for the Payment and Performance Bonds shall be paid by Contractor.
Payment and Performance Bonds are required on all Public Works Improvement Projects per the ISPWC and the City of Meridian Supplemental Specifications & Drawings to the ISPWC, which by this reference are made a part hereof.
More Definitions of Performance Bonds
Performance Bonds means the performance bond(s) to be provided by the Seller for the amount equal to 10% (ten percent) of the Purchase Amount of each affected Goods which must comply substantially with Annexure “F“ hereto and provided always that the aggregate of all the Performance Bonds will amount to 10% (ten percent) of the Purchase Amount;
Performance Bonds has the meaning specified in Section 5.09(a).
Performance Bonds means any performance bonds and labor and material payment bonds as to the General Contractor and any other Contractor (and any of their respective subcontractors) as may be reasonably required by the Agent, each of which shall name the Lessor and the Agent as additional obligees.
Performance Bonds shall have the meaning set forth in Section 3.25.
Performance Bonds has the meaning set forth in ss. 7(b)(vi) of the Agreement.
Performance Bonds is defined in Section 2.4(f)(i).
Performance Bonds means a bond, guarantee or standby letter of credit issued by a bank or lending institution to guarantee the performance of the Company or one of its Subsidiaries or to guarantee the advance payment of funds by the other party in a contract or other transaction with the Company and/or one of its other Subsidiaries. Performance Bonds include guarantees issued with and without secured deposits..