Common use of BOND FOR PERFORMANCE Clause in Contracts

BOND FOR PERFORMANCE. A. The Concessionaire shall, as a condition precedent to any rights under this Lease, furnish a surety bond, an irrevocable Letter of Credit, or an assignable Certificate of Deposit in the amount of $5,000.00, with surety to be approved by the Department, conditioned to ensure the faithful performance of this Lease and which surety shall remain in full effect throughout the term of this Lease, and thereafter so long as there are unfulfilled obligations of the Concessionaire.

BOND FOR PERFORMANCE. A. The Concessionaire shall, as a condition precedent to any rights under this Lease, furnish a surety bond, an irrevocable Letter of Credit, or an assignable Certificate of Deposit in the amount of $5,000.0010,000.00, with surety to be approved by the Department, conditioned to ensure the faithful performance of this Lease and which surety shall remain in full effect throughout the term of this Lease, and thereafter so long as there are unfulfilled obligations of the Concessionaire.

BOND FOR PERFORMANCE. A. The Concessionaire shall, as a condition precedent to any rights under this Lease, furnish a surety bond, an irrevocable Letter of Credit, or an assignable Certificate of Deposit in the amount of $5,000.0010,000.00, with surety to be approved by the Department, conditioned to ensure the faithful performance of this Lease and which surety shall remain in full effect throughout the term of this Lease. After the first season of operation, and thereafter so long as there are unfulfilled obligations the amount of said surety may be adjusted to provide reasonable surety at the option of the ConcessionaireDepartment.

BOND FOR PERFORMANCE. A. The Concessionaire shall, as a condition precedent to any rights under this Lease, furnish a surety bond, bond or an irrevocable Letter of Credit, or an assignable Certificate of Deposit Credit in the amount of $5,000.00, with surety to be approved by the Department, conditioned to ensure the faithful performance of this Lease and which surety shall remain in full effect throughout the term of this Lease, and thereafter so long as there are unfulfilled obligations of the Concessionaire.

BOND FOR PERFORMANCE. A. The Concessionaire shall, as a condition precedent to any rights under this Lease, furnish a surety bond, an irrevocable Letter of Credit, Credit or an assignable Certificate of Deposit in the amount of $5,000.00, with surety to be approved by the Department, conditioned to ensure the faithful performance of this Lease and which surety shall remain in full effect throughout the term of this Lease. After the first season of operation, and thereafter so long as there are unfulfilled obligations the amount of said surety may be adjusted to provide reasonable coverage at the option of the ConcessionaireDepartment.

BOND FOR PERFORMANCE. A. The Concessionaire shall, as a condition precedent to any rights under this Lease, furnish a surety bond, an irrevocable Letter of Credit, or an assignable Certificate of Deposit in the amount of $5,000.0025,000.00, with surety to be approved by the Department, conditioned to ensure the faithful performance of this Lease and which surety shall remain in full effect throughout the term of this Lease. After the first season of operation, and thereafter so long as there are unfulfilled obligations the amount of said surety may be adjusted to provide reasonable surety at the option of the ConcessionaireDepartment.

BOND FOR PERFORMANCE. A. The Concessionaire shall, as a condition precedent to any rights under this Lease, furnish a surety bond, an irrevocable Letter of Credit, or an assignable Certificate of Deposit in the amount of $5,000.0040,000.00, with surety to be approved by the Department, conditioned to ensure the faithful performance of this Lease and which surety shall remain in full effect throughout the term of this Lease, and thereafter so long as there are unfulfilled obligations of the Concessionaire.

BOND FOR PERFORMANCE. A. The Concessionaire shall, as a condition precedent to any rights under this Lease, furnish a surety bond, an irrevocable Letter of Credit, or an assignable Certificate of Deposit in the amount of $5,000.0015,000.00, with surety to be approved by the Department, conditioned to ensure the faithful performance of this Lease and which surety shall remain in full effect throughout the term of this Lease, and thereafter so long as there are unfulfilled obligations of the Concessionaire.

BOND FOR PERFORMANCE. A. The Concessionaire shall, as a condition precedent to any rights under this Lease, furnish a surety bond, an irrevocable Letter of Credit, or an assignable Certificate of Deposit in the amount of $5,000.0025,000.00, with surety to be approved by the Department, conditioned to ensure the faithful performance of this Lease and which surety shall remain in full effect throughout the term of this Lease. After the first season of operation, and thereafter so long as there are unfulfilled obligations the amount of said surety may be reduced to provide reasonable coverage at the option of the ConcessionaireDepartment.

BOND FOR PERFORMANCE. A. The Concessionaire shall, as a condition precedent to any rights under this Lease, furnish a surety bond, bond or an irrevocable Letter of Credit, or an assignable Certificate of Deposit Credit in the amount of $5,000.0010,000.00, with surety to be approved by the Department, conditioned to ensure the faithful performance of this Lease and which surety shall remain in full effect throughout the term of this Lease, Lease and thereafter so long as there are unfulfilled obligations of the Concessionaire.