BOND APPLICATION. 2.1. (a) Only the SELLER and/or his nominated agents can and will immediately apply for the mortgage bond finance.
BOND APPLICATION. Licensee agrees that the County may use the Surety Bond, in whole or in part, to remedy any damage to the License Area caused by Licensee, its Agents or Invitees or any failure by Licensee to perform any term, covenant or condition in this Master License or any Site License (which includes, without limitation, any failure to pay any License Fee or other sums due under this Master License or any Site License either before or after any default). In the event that the County uses the Surety Bond in whole or in part, the County will not be deemed to have waived any rights under this Master License, or legal or equitable rights whatsoever. Licensee expressly waives any rights it may have under California Civil Code § 1950.7 or any similar Laws and agrees that the County may retain from the Surety Bond any portion reasonably necessary to compensate the County for any foreseeable or unforeseeable loss or damage caused by Licensee’s, its Agents’ or Invitee’s acts or omissions.
