Common use of Blanket Bond Clause in Contracts

Blanket Bond. If Contractor furnishes an acceptable bond, or deposits securities, in accordance with E.3, to guarantee payment for timber from this and other contracts within the same National Forest, the amount of such bond or deposited securities shall be allocated to such contracts by Forest Service. When there is to be no ▇▇▇- ber cutting hereunder for 30 days or more and payment of current charges has been made, the allocation to this con- tract shall be reallocated to other contracts at Contractor’s request. Contractor shall not start cutting hereunder until this contract receives an allocation that will meet the obligation for payment guarantee.

Blanket Bond. If Contractor furnishes an acceptable bond, or deposits securities, in accordance accord- ance with E.3B4.3, to guarantee payment for timber from this and other contracts within the same National ForestFor- est, the amount of such bond or deposited securities shall be allocated to such contracts by Forest Service. When there is to be no ▇▇▇- ber timber cutting hereunder for 30 days or more and payment of current charges has been made, the allocation to this con- tract contract shall be reallocated to other contracts at Contractor’s request. Contractor shall not start cutting hereunder until this contract receives re- ceives an allocation that will meet the obligation for payment pay- ment guarantee.

Blanket Bond. If Contractor furnishes an acceptable bond, or deposits securities, in accordance accord- ance with E.3B4.3, to guarantee payment for timber from this and other contracts within the same National ForestFor- est, the amount of such bond or deposited securities shall be allocated to such contracts by Forest Service. When there is to be no ▇▇▇- ber timber cutting hereunder for 30 days or more and payment of current charges has been made, the allocation to this con- tract contract shall be reallocated to other contracts at Contractor’s request. Contractor shall not start cutting hereunder until this contract receives re- ceives an allocation that will meet the obligation for payment guarantee.pay- ment guarantee.‌‌‌‌

Blanket Bond. If Contractor furnishes an acceptable bond, or deposits securities, in accordance with E.3ET.3, to guarantee payment for timber from this and other contracts within the same National Forest, the amount of such bond or deposited securities shall be allocated to such contracts by Forest Service. When there is to be no ▇▇▇- ber cutting hereunder for 30 days or more and payment of current charges has been made, the allocation to this con- tract shall be reallocated to other contracts at Contractor’s request. Contractor shall not start cutting hereunder until this contract receives an allocation that will meet the obligation for payment guarantee.

Blanket Bond. If Contractor furnishes an acceptable bond, or deposits securities, in accordance with E.3BT4.3, to guarantee payment for timber from this and other contracts within the same National Forest, the amount of such bond or deposited securities shall be allocated to such contracts by Forest Service. When there is to be no ▇▇▇- ber timber cutting hereunder for 30 days or more and payment of current charges has been made, the allocation to this con- tract contract shall be reallocated to other contracts at ContractorContrac- tor’s request. Contractor shall not start cutting hereunder until this contract receives an allocation that will meet the obligation for payment guarantee.