Common use of Performance Bond Clause in Contracts

Performance Bond. As a further guarantee of the faithful performance of the provisions of this contract, Xxxxxxxxx delivers herewith and agrees to maintain a surety bond in the dollar amount stated in A17, unless the amount is adjusted as provided in B9.11 or B9.13. In lieu of surety bond, Purchaser may deposit into a Federal De- pository, as directed by Forest Service under B4.21, and maintain therein, cash in the dollar amount stated in A17 or negotiable securities of the United States having mar- ket value at time of deposit of not less than the dollar amount stated in A17. Any adjustment or extension of time for completion of this contract beyond 1 year may be granted only with the consent of surety on bond or delivery of a new bond. Should the sureties on the bond delivered herewith, or any bond delivered hereafter in connection with this con- tract, become unsatisfactory to Forest Service, Purchaser shall, within 30 days of receipt of demand, furnish a new bond with surety satisfactory to Forest Service.

Performance Bond. As a further guarantee of the faithful performance of the provisions of this contract, Xxxxxxxxx delivers herewith and agrees to maintain a surety bond in the dollar amount stated in A17AT14, unless the amount is adjusted as provided in B9.11 BT9.11 or B9.13BT9.13. In lieu of surety bond, Purchaser may deposit into a Federal De- positoryFed- eral Depository, as directed by Forest Service under B4.21BT4.21, and maintain therein, cash in the dollar amount stated in A17 AT14 or negotiable securities of the United States having mar- ket market value at time of deposit of not less than the dollar amount stated in A17AT14. Any adjustment or extension of time for completion of this contract beyond 1 year may be granted only with the consent of surety on bond or delivery of a new bond. Should the sureties on the bond delivered herewith, or any bond delivered hereafter in connection with this con- tract, become unsatisfactory to Forest Service, Purchaser shall, within 30 days of receipt of demand, furnish a new bond with surety satisfactory to Forest Service.

Performance Bond. As a further guarantee of the faithful performance of the provisions of this contractcon- tract, Xxxxxxxxx Contractor delivers herewith and agrees to maintain main- tain a surety bond in the dollar amount stated in A17, unless the amount is adjusted as provided in B9.11 or B9.13. In lieu of surety bond, Purchaser Contractor may deposit into a Federal De- positoryDepository, as directed by Forest Service under B4.21, and maintain therein, cash in the dollar amount stated in A17 or negotiable securities of the United States having mar- ket market value at time of deposit of not less than the dollar amount stated in A17. Any adjustment or extension of time for completion of this contract beyond 1 year may be granted only with the consent of surety on bond or delivery of a new bond. Should the sureties on the bond delivered herewith, or any bond delivered hereafter in connection with this con- tractcontract, become unsatisfactory to Forest Service, Purchaser Con- tractor shall, within 30 days of receipt of demand, furnish fur- nish a new bond with surety satisfactory to Forest ServiceSer- vice.

Performance Bond. As a further guarantee of the faithful performance of the provisions of this contractcon- tract, Xxxxxxxxx Contractor delivers herewith and agrees to maintain main- tain a surety bond in the dollar amount stated in A17, unless the amount is adjusted as provided in B9.11 or B9.13. In lieu of surety bond, Purchaser Contractor may deposit into a Federal De- positoryDepository, as directed by Forest Service under B4.21, and maintain therein, cash in the dollar amount stated in A17 or negotiable securities of the United States having mar- ket market value at time of deposit of not less than the dollar amount stated in A17. A17.‌‌ Any adjustment or extension of time for completion of this contract beyond 1 year may be granted only with the consent of surety on bond or delivery of a new bond. Should the sureties on the bond delivered herewith, or any bond delivered hereafter in connection with this con- tractcontract, become unsatisfactory to Forest Service, Purchaser Con- tractor shall, within 30 days of receipt of demand, furnish fur- nish a new bond with surety satisfactory to Forest Service.Ser- vice.‌‌‌

Performance Bond. As a further guarantee of the faithful performance of the provisions of this contract, Xxxxxxxxx Contractor delivers herewith and agrees to maintain a surety bond in the dollar amount stated in A17AT.14, unless the amount is adjusted as provided in B9.11 or B9.13JT.1.1. In lieu of surety bond, Purchaser Contractor may deposit into a Federal De- positoryDepository, as directed by Forest Service under B4.21ET.2.1, and maintain therein, cash in the dollar amount stated in A17 AT.14 or negotiable securities of the United States having mar- ket market value at time of deposit of not less than the dollar amount stated in A17AT.14. Any adjustment or extension of time for completion of this contract beyond 1 year may be granted only with the consent of surety on bond or delivery of a new bond. Should the sureties on the bond delivered herewith, or any bond delivered hereafter in connection with this con- tractcontract, become unsatisfactory to Forest Service, Purchaser Contractor shall, within 30 days of receipt of demand, furnish a new bond with surety satisfactory to Forest Service.

Performance Bond. As a further guarantee of the faithful performance of the provisions of this contract, Xxxxxxxxx Contractor delivers herewith and agrees to maintain a surety bond in the dollar amount stated in A17AT17, unless the amount is adjusted as provided in B9.11 BT9.11 or B9.13BT9.13. In lieu of surety bond, Purchaser Contractor may deposit into a Federal De- pository, as directed by Forest Service under B4.21BT4.21, and maintain therein, cash in the dollar amount stated in A17 AT17 or negotiable securities of the United States having mar- ket market value at time of deposit of not less than the dollar amount stated in A17AT17. Any adjustment or extension of time for completion of this contract beyond 1 year may be granted only with the consent of surety on bond or delivery of a new bond. Should the sureties on the bond delivered herewith, or any bond delivered hereafter in connection with this con- tractcontract, become unsatisfactory to Forest Service, Purchaser Contractor shall, within 30 days of receipt of demand, furnish a new bond with surety satisfactory to Forest Service.

Performance Bond. As a further guarantee of the faithful performance of the provisions of this contract, Xxxxxxxxx Purchaser delivers herewith and agrees to maintain a surety bond in the dollar amount stated in A17, unless the amount is adjusted as provided in B9.11 or B9.13. In lieu of surety bond, Purchaser may deposit into a Federal De- pository, as directed by Forest Service under B4.21, and maintain therein, cash in the dollar amount stated in A17 or negotiable securities of the United States having mar- ket value at time of deposit of not less than the dollar amount stated in A17. Any adjustment or extension of time for completion of this contract beyond 1 year may be granted only with the consent of surety on bond or delivery of a new bond. Should the sureties on the bond delivered herewith, or any bond delivered hereafter in connection with this con- tract, become unsatisfactory to Forest Service, Purchaser shall, within 30 days of receipt of demand, furnish a new bond with surety satisfactory to Forest Service.

Performance Bond. As a further guarantee of the faithful performance of the provisions of this contract, Xxxxxxxxx Purchaser delivers herewith and agrees to maintain a surety bond in the dollar amount stated in A17AT14, unless the amount is adjusted as provided in B9.11 BT9.11 or B9.13BT9.13. In lieu of surety bond, Purchaser may deposit into a Federal De- positoryFed- eral Depository, as directed by Forest Service under B4.21BT4.21, and maintain therein, cash in the dollar amount stated in A17 AT14 or negotiable securities of the United States having mar- ket market value at time of deposit of not less than the dollar amount stated in A17AT14. Any adjustment or extension of time for completion of this contract beyond 1 year may be granted only with the consent of surety on bond or delivery of a new bond. Should the sureties on the bond delivered herewith, or any bond delivered hereafter in connection with this con- tract, become unsatisfactory to Forest Service, Purchaser shall, within 30 days of receipt of demand, furnish a new bond with surety satisfactory to Forest Service.

Performance Bond. As a further guarantee of the faithful performance of the provisions of this contract, Xxxxxxxxx delivers Purcxxxxx xxxivers herewith and agrees to maintain a surety bond in the dollar amount stated in A17, unless the amount is adjusted as provided in B9.11 or B9.13. In lieu of surety bond, Purchaser may deposit into a Federal De- pository, as directed by Forest Service under B4.21, and maintain therein, cash in the dollar amount stated in A17 or negotiable securities of the United States having mar- ket value at time of deposit of not less than the dollar amount stated in A17. Any adjustment or extension of time for completion of this contract beyond 1 year may be granted only with the consent of surety on bond or delivery of a new bond. Should the sureties on the bond delivered herewith, or any bond delivered hereafter in connection with this con- tract, become unsatisfactory to Forest Service, Purchaser shall, within 30 days of receipt of demand, furnish a new bond with surety satisfactory to Forest Service.

Performance Bond. As a further guarantee of the faithful performance of the provisions of this contract, Xxxxxxxxx delivers Puxxxxxxx xelivers herewith and agrees to maintain a surety bond in the dollar amount stated in A17, unless the amount is adjusted as provided in B9.11 or B9.13. In lieu of surety bond, Purchaser may deposit into a Federal De- pository, as directed by Forest Service under B4.21, and maintain therein, cash in the dollar amount stated in A17 or negotiable securities of the United States having mar- ket value at time of deposit of not less than the dollar amount stated in A17. Any adjustment or extension of time for completion of this contract beyond 1 year may be granted only with the consent of surety on bond or delivery of a new bond. Should the sureties on the bond delivered herewith, or any bond delivered hereafter in connection with this con- tract, become unsatisfactory to Forest Service, Purchaser shall, within 30 days of receipt of demand, furnish a new bond with surety satisfactory to Forest Service.