Completion Bond. The relevant Entertainment Company or Unaffiliated Production Company has in effect a completion bond guaranteeing the completion and delivery of each Film In Progress according to its terms.
Completion Bond. If the Developer completes the Work and desires service prior to the District's acceptance of the Extension, the District, at its sole option and as a condition of service, may require the Developer to provide a cash Completion Bond in a form and amount acceptable to the District, which shall be deposited with the District to ensure that the Developer shall complete the Extension so that it may be accepted by the District. Should the Developer fail within a reasonable time to complete the Extension so that it may be accepted, the District, in its sole discretion, shall cause the Extension to be completed, the costs of which shall be paid out of the Completion Bond. If the costs to complete the Extension exceed the amount of the Completion Bond, the Developer shall, within ten (10) days of a written invoice from the District, reimburse the District the amounts invoiced. If the costs to complete the Extension are less than the amount of the Completion Bond, the remainder shall be paid over to the Developer after the District has received all necessary releases and certificates.
Completion Bond. Tenant shall deliver to the Port a contractor’s completion bond (or, in lieu of a completion bond, a payment and performance bond in the full amount of any construction contract) of a surety company licensed to do business in the State of Washington, running to the Port conditioned on the completion of the Project in accordance with the Final Plans and the provisions of this Agreement, free and clear of all mechanics’ or other liens and free and clear of all financing statements under the Uniform Commercial Code. This bond shall be in an amount equal to the costs of construction for the Project and in a form and written by a company as the Port shall approve, which approval the Port shall not unreasonably withhold.
Completion Bond. At any time, Tenant either desires to or is --------------- required to make any repairs, alterations, additions, improvements or utility installations thereon, pursuant to Articles 7.5 or 9.2 herein or otherwise, Landlord may at its sole option, require Tenant, at Tenant's sole cost and expense, to obtain and provide to Landlord a lien and completion bond in an amount equal to one and one-half (1-1/2) times the estimated cost of such improvements, to insure Landlord against any liability for mechanic's and materialmen's liens and to insure completion of the work.
Completion Bond. Before any major work of construction, alteration or repair is commenced on the Premises, the Lessee shall furnish City a completion bond from a responsible surety company, licensed to do business in California, in an amount not less than the cost of the improvements to be constructed, and which shall remain in effect until the entire cost of the work shall have been paid in full and the new improvements shall have been insured as provided in this Lease Agreement. The bond shall state the following:
Completion Bond. Landlord may require Tenant, at Tenant’s sole cost, to obtain and provide to Landlord a lien and completion bond in a form and by a surety acceptable to Landlord, and in amount not less than one hundred fifty percent (150%) of the estimated cost of such Tenant Alterations but only if such Tenant Alterations exceed $150,000 in value.
Completion Bond. Prior to commencing construction, if so requested in writing by Landlord, Tenant shall obtain either a contractors’ completion bond from a surety company or surety companies in favor of Xxxxxxxxx County as obligee or another performance guarantee, which may include a letter of credit from a nationally chartered or state-chartered bank, conditioned upon completion of the Improvements in accordance with the approved plans and specifications and the provisions of this agreement, free and clear of all liens and security agreements. Alternatively, Landlord may request that Tenant furnish a letter from its construction lender addressed to Xxxxxxxxx County verifying that such lender has appropriate collateral, assigned rights, and other assets sufficient to ensure timely and proper completion of the Improvements in the event Tenant fails to complete the Improvements in accordance with this Agreement. If the approved plans or specifications are subsequently amplified or modified, the bond, other performance guarantee, or construction lender letter shall immediately be modified to include such change(s). The bond or other assurance shall be in any form and written by any company which Landlord may approve, but such approval shall not be unreasonably withheld. The amount of such bond or guarantee shall be 100% of the cost of the Improvements as set forth in Exhibit B.
Completion Bond. Upon Final Acceptance of the Equipment, the Seller shall provide the Buyer with a completion bond covering the Sellers warranty obligations as per herein (the “Completion Bond”) amounting to five percent (5%) percent of the Total Price, from a reputable bank of international standing approved by the Buyer and in a form acceptable to the Buyer – previously agreed wording shall be deemed accepted - , with a validity period of 24 months start from the date of Delivery, or hours of operation, whichever occurs first as from the signature by the Parties of the Final Acceptance Certificate of the Equipment. Deutsche Bank AG, Commerzbank AG shall be deemed as banks approved by the Buyer. AII costs, expenses and bank charges including in issuing, maintaining and calling up the Completion Bond shall be borne by the Seller. General Conditions: THPA General Conditions, herewith attached to the present Purchase Order, form an integral part of this Purchase Order subject to the conditions contained herein.
Completion Bond. The Members acknowledge that a Completion Bond shall be obtained in connection with the Picture from the Completion Guarantor. The Company shall be a beneficiary of the Completion Bond.
Completion Bond. If there are WMATA Improvements (interim and/or permanent) being constructed, WMATA requires the Selected Developer to secure and file with WMATA a completion bond equal to one hundred percent (100%) of the value of the WMATA Improvements. This bond shall name WMATA as the sole obligee for the completion of the WMATA Improvements. All bonds must be from a federally approved surety company with sufficient assets. All bonds must be in a form acceptable to WMATA and countersigned by a Commonwealth of Virginia, State of Maryland or District of Columbia, as applicable to the Joint Development Site, resident agent of the surety, with a copy of the agent’s license as issued by the appropriate Insurance Commissioner. Alternatively, the Selected Developer may escrow the entire cost of the WMATA Improvements in cash with WMATA or a third party escrow agent (who may be the Selected Developer’s construction lender) approved by WMATA. Funds may be drawn from this escrow by the Selected Developer upon submission of draw requests to WMATA and WMATA’s approval thereof solely to pay, in arrears, the Selected Developer’s actual costs incurred in designing and constructing the WMATA Improvements (excluding any fees or other compensation to the Selected Developer or its affiliates until Final Completion occurs). Should the Selected Developer fail to finally complete the WMATA Improvements as designed and approved by WMATA and on the agreed-upon schedule, WMATA may use the escrowed funds for that purpose. Neither the establishment nor use of the escrowed funds shall be deemed to be liquidated damages or WMATA’s sole and exclusive remedy.
