Examples of Surety Agreement in a sentence
In the event subcontractors are proposed to be used, they will be required to complete the attached Subcontractor Surety Agreement within ten days of the award of the contract.
Purchaser may in no way publicly disclose the existence of the Surety Agreement without the express written consent of the Surety Bond Issuer, and notice to the Servicer.
This Surety Agreement shall be a continuing one and shall be binding upon Surety regardless of how long before or after the date hereof any of the Member Obligations were or are incurred.
Surety hereby waives all notices of any character whatsoever with respect to this Surety Agreement and the Member Obligations, including without limitation: notice of the present existence or future incurring of any Member Obligations; the amount, terms and conditions thereof; and any defaults thereon.
Failure to provide the Consent of Surety or Surety Agreement will result in rejection of the bid as non-responsive.The Consent of Surety or Surety Agreement shall be obtained for a bond for the faithful performance of all provisions of the specifications relating to the performance of the contract.