Examples of Bond Guaranty in a sentence

Failure to satisfactorily fulfill its obligations under the subject contract shall result in the forfeiture of the Payment Bond guaranty.
PAYMENT BOND GUARANTY OPTIONS: For all contracts submitted with costs exceeding twenty-five thousand dollars ($25,000.00), a Payment Bond guaranty in the amount of one hundred percent (100%) of the contract price must be submitted by the Contractor with the proposed contract to the County.
PAYMENT BOND GUARANTY OPTIONS:For all contracts submitted with costs exceeding thirty thousand dollars ($30,000.00), a Payment Bond guaranty in the amount of one hundred percent (100%) of the contract price must be submitted by the Contractor with the proposed contract to the City.
PAYMENT BOND GUARANTY OPTIONS: For all contracts submitted with costs exceeding thirty thousand dollars ($30,000.00), a Payment Bond guaranty in the amount of one hundred percent (100%) of the contract price must be submitted by the Contractor with the proposed contract to the County.
This Performance Bond guaranty requirement can be satisfied utilizing one of the two options below: 1) Option A: The Contractor with the executed contract must submit a Performance Bond in the required amount discussed above and executed by a corporate surety licensed under the laws of this state.

More Definitions of Bond Guaranty

Bond Guaranty means that certain Guaranty Agreement, dated as of June 1, 2003, by and between Xxxxxx Industries, Inc., Xxxxxx Shipyard, L.L.C., Orange Shipbuilding Company, Inc. and Xxxxxx Aluminum, L.L.C., as Guarantors and The Bank of New York Trust Company of Florida, N.A., as Trustee, whereby the Guarantors jointly, severally and solidarily guarantee in favor of the Trustee for the benefit of the holders of the Bonds the repayment of the Bonds.

Bond Guaranty means the Guaranty of the Borrower of the Bond Obligations.

Bond Guaranty means the Guaranty By Corporation dated as of December 30, 1993 executed by GMH to and for the benefit of The Xxxxxxxxx Bank to guarantee the payment of all amounts owed by the Waycross and Xxxx County Development Authority to The Xxxxxxxxx Bank pursuant to that certain Adjustable Rate Installment Promissory Note dated December 30, 1993 in the original principal amount of $613,727.63. BORROWER - see Preamble. BORROWER EQUITY INTERESTS shall mean all of the capital stock and options, warrants and other rights to acquire capital stock of Borrower.

Bond Guaranty means that certain Guaranty Agreement, dated November 1, 1989, between the Piedmont Triad Airport Authority and Primark Storage Leasing Corporation, as guarantor, pursuant to which the guarantor has unconditionally guaranteed the obligations of TIMCO pursuant to the Lease (as defined in the Bond Order) of the Project (as defined in the Bond Order). Bonds shall mean those certain Piedmont Triad Airport Authority Special Facility Revenue Bonds (Triad International Maintenance Corporation Project), Series 1989, dated November 1, 1989, in the original aggregate principal amount of $13,800,000. Borrowing Base shall mean “Borrowing Base” as defined in the CIT Financing Agreement.

Bond Guaranty means the Guaranty Agreement, dated July 1, 1998, from the Lessee to the Trustee.

Bond Guaranty means that certain Bond Guaranty Agreement dated May 1, 2000, executed by the User in favor of the Trustee, including any amendments or supplements to such instrument entered into pursuant to the applicable provisions thereof. Bondholder when used with respect to any Bond shall mean (i) the Securities Depository or the Securities Depository Nominee during the time either thereof is the registered owner of the Bonds in accordance with the Book Entry System and (ii) in all other cases, the person in whose name such Bond is registered in the Bond Register. Bond Payment Date shall mean each date (including any date fixed for optional or mandatory redemption of Bonds) on which Debt Service is due and payable on the Bonds.