Bond Cancellation Sample Clauses

Bond Cancellation. Whenever any Bond shall be surrendered to the Paying Agent upon payment thereof, or to the Registrar for transfer, exchange or replacement as provided herein, such Bond shall be promptly cancelled and destroyed by the Paying Agent or Registrar, and a certificate of such cancellation and destruction shall be furnished by the Paying Agent or Registrar to the District.
Sample 1
AutoNDA by SimpleDocs
Bond Cancellation. The parties hereto acknowledge and agree that, on or prior to the Closing Date, the Sellers may terminate or otherwise cancel the bonds set forth on Schedule 2.11 hereto.
Sample 1
Bond Cancellation. The obligations of the Undersigned incurred in this Bond Agreement including, but not limited to, the obligation of pay premiums, interest, fees, and costs, shall continue until such time as Company has received formal written notice from DHS that the Bond has been either cancelled or breached. UNDERSIGNED AGREE THAT IT SHALL BE THE UNDERSIGNED(S) SOLE RESPONSIBILITY AND OBLIGATION TO PROVIDE COMPANY WITH EVIDENCE OF THE BOND CANCELLATION BY PROVIDING COMPANY WITH NOTICE - IMMIGRATION BOND CANCELLED (ICE FORM I-391). Upon receiving notice of Bond cancellation from DHS, and the Undersigned having fully complied with all of its obligations under the Bond Agreement, (i) Company will return the amount of any cash collateral deposited by the Undersigned, less any and all monies due to Company and/or Producer under the Bond Agreement,
Sample 1
Bond Cancellation. The obligations of the Undersigned incurred in this Bond Agreement including, but not limited to, the obligation of pay premiums, interest, fees, and costs, shall continue until such time as [G&G] has received formal written notice from DHS that the Bond has been either cancelled or breached. UNDERSIGNED AGREE THAT IT SHALL BE THE UNDERSIGNED(S) SOLE RESPONSIBILITY AND OBLIGATION TO PROVIDE [G&G] AND COMPANY WITH EVIDENCE OF THE BOND CANCELLATION BY PROVIDING [G&G] WITH NOTICE - IMMIGRATION BOND CANCELLED (ICE FORM I-391). Upon receiving notice of Bond cancellation from DHS, and the Undersigned having fully complied with all of its obligations under the Bond Agreement, (i) [G&G] and/or Company will return the amount of any cash collateral deposited by the Undersigned, less any and all monies due to Company and/or [G&G] under the Bond Agreement, including, but not limited to, Undersigned’s indemnity obligations under this Bond Agreement, unpaid premiums, expenses, interest thereon, and any other charges referenced in the Bond Agreement; (ii) [G&G] and/or the Company will reconvey any Deed of Trust pledged by the Undersigned
Sample 1
Bond Cancellation. Any surety company or indemnitor canceling a bond must give the Department at least sixty-days’ (60) notice prior to cancellation. The Department will not release a surety or indemnitor from liability under existing bonds until the Lessee has submitted to the Department an acceptable replacement bond. Such replacement bond must cover any liability accrued against the bonded principal on the Lease covered by the previous bond. (3-18-22)
Sample 1

Related to Bond Cancellation

  • Contract Cancellation DCF may cancel this Contract after providing the Contractor with thirty (30) calendar days written notice of the Contractor’s right to cure a failure of the Contractor to perform under the terms of this Contract. The following are examples of contractor failure that would warrant cancellation: • Breaches or defaults an obligation under the Contract as follows: • Fails to follow the sales and use tax certification requirements of s. 77.66 of the Wisconsin Statutes; • Incurs a delinquent Wisconsin tax liability; • Fails to submit a non-discrimination or affirmative action plan as required here in; • Fails to follow the non-discrimination or affirmative action requirements of subch. II, Chapter 111 of the Wisconsin Statutes (Wisconsin’s Fair Employment Law); • Becomes a Federally debarred Contractor; • Is excluded from Federal procurement and non-procurement contracts; • Fails to maintain and keep in force all required insurance, permits and licenses as provided in this Contract; • Fails to maintain the confidentiality of DCF’s information that is considered to be Confidential Information, proprietary, or containing Personally Identifiable Information; • Contractor violates other state laws; or • Contractor performance threatens the health or safety of a State employee or State customer. The Contractor may cancel this Contract after providing DCF one hundred and twenty (120) calendar days’ notice of the State’s right to cure a failure of the State to perform under the terms of this Contract. Upon cancellation of this Contract for any reason, or upon Contract expiration, each party shall be released from all obligations to the other party arising after the date of cancellation or expiration, except for those that by their terms survive such cancellation or expiration.

  • Policy Cancellation Except for ten days notice for non-payment of premium, each insurance policy shall be endorsed to state that; without thirty (30) days prior written notice to the City, the policy shall not be canceled, non-renewed or coverage and/or limits reduced or materially altered, and shall provide that notices required by this paragraph shall be sent by certified mail to the address shown below.

  • Section 309 Cancellation All Securities surrendered for payment, redemption, registration of transfer or exchange or for credit against any sinking fund payment shall, if surrendered to any Person other than the Trustee, be delivered to the Trustee and shall be promptly cancelled by it. The Company may at any time deliver to the Trustee for cancellation any Securities previously authenticated and delivered hereunder which the Company may have acquired in any manner whatsoever, and may deliver to the Trustee (or to any other Person for delivery to the Trustee) for cancellation any Securities previously authenticated hereunder which the Company has not issued and sold, and all Securities so delivered shall be promptly cancelled by the Trustee. No Securities shall be authenticated in lieu of or in exchange for any Securities cancelled as provided in this Section, except as expressly permitted by this Indenture. All cancelled Securities held by the Trustee shall be disposed of as directed by a Company Order.

  • ORDER CANCELLATION Users of this contract are advised that orders (all or part) cancelled or returned after acceptance of requested merchandise will be subject to a restocking fee of ten percent (10%) of the invoice amount (not to exceed $500.00 per order) plus return freight charges. The amount authorized for payment of return freight will, in no instance, be more than original delivery charges documented by carrier. These charges may be applied, at the option of the supplier, to those orders which have been accepted. Orders cancelled prior to shipment or acceptance by ordering entity from the manufacturer will not be assessed charges.

  • No Cancellation No Required Insurance policy may be canceled by either Party during the required insured period under this Agreement, except after thirty days’ prior written notice to the City by certified mail, return receipt requested. Prior to the effective date of any such cancellation Consultant must procure and put into effect equivalent coverage(s).

  • Suspension and Cancellation Section 5.01. The following is specified as an additional event for suspension of the right of the Recipient to make withdrawals from the Grant Account for the purposes of Section 8.01(k) of the Grant Regulations or cancellation of the Grant pursuant to Section 8.02 of the Grant Regulations: the Recipient shall have failed to perform any of its obligations under the ADB Grant Agreement.

  • Debt Cancellation Borrower shall not cancel or otherwise forgive or release any claim or debt (other than termination of Leases in accordance herewith) owed to Borrower by any Person, except for adequate consideration and in the ordinary course of Borrower’s business.

  • Termination and Cancellation 9. 1. Licences will expire after the period shown in Clause 3 (above). 9. 2. Licensee reserves the right to terminate the Licence in the event that payment is not received in full or if there has been a breach of this agreement by you. Appendix 1 — Acknowledgements: Reprinted by permission from [the Licensor]: [Journal Publisher (e.g. Nature/Springer/Palgrave)] [JOURNAL NAME] [REFERENCE CITATION (Article name, Author(s) Name), [COPYRIGHT] (year of publication) For Advance Online Publication papers: Reprinted by permission from [the Licensor]: [Journal Publisher (e.g. Nature/Springer/Palgrave)] [JOURNAL NAME] [REFERENCE CITATION (Article name, Author(s) Name), [COPYRIGHT] (year of publication), advance online publication, day month year (doi: 10.1038/sj.[JOURNAL ACRONYM].)

  • Automatic cancellation The Commitment of each Lender will be automatically cancelled at the close of business on the last day of the Availability Period.

  • Prepayment and Cancellation 29 10. Interest........................................................ 31 11. Terms........................................................... 33 12.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!