Bond Obligations Sample Clauses

Bond Obligations. You must make all of Your mandated court appearances, immigration appointments, and any and all other duties and obligations required of You under the terms of Your immigration bond, as may be modified by an immigration law judge or ICE officer from time to time. (And You will notify Libre of any changes to Your bond conditions pursuant to Section 3.4, below.) If You want to request Libre’s discretionary support services or assistance in meeting Your bond obligations, it is Your responsibility to contact Libre with such information in a timely fashion. You acknowledge and agree that Your bond obligations remain Your sole responsibility, and Libre is under no obligation to provide You with any particular support service within a particular time frame under this Agreement.

Bond Obligations. The Bonds constitute direct, general, unconditional, unsubordinated and unsecured obligations of the Issuer which will at all times rank pari passu without any preference or priority among themselves and at least pari passu with all other present and future unsecured and unsubordinated obligations of the Issuer, save for such obligations as may be preferred by provisions of law that are both mandatory and of general application;

Bond Obligations. The DEVELOPER or its General Contractor shall obtain, pay for and deliver good and sufficient payment and performance bonds along with a Primary Obligee, Co-Obligee or Multiple Obligee Rider in a form acceptable to the CITY from a corporate surety, admitted by the California Insurance Commissioner to do business in the State of California and Treasury-listed, in a form satisfactory to the CITY and naming the CITY as Obligee. A. The “Faithful Performance Bond” shall be at least equal to one 100 % of the DEVELOPER’s estimated construction costs as reflected in the DEVELOPER’s pro forma budget, to the guarantee faithful performance of the Project, within the time prescribed, in a manner satisfactory to the CITY, consistent with this Agreement, and that all material and workmanship will be free from original or developed defects. B. The “Payment Bond” shall be at least equal to 100 % of construction costs approved by the CITY to satisfy claims of material supplies and of mechanics and laborers employed for this Project. The bond shall be maintained by the DEVELOPER in full force and effect until the Project is completed and until all claims for materials and labor are paid and as required by the applicable provisions of Chapter 7, Title 15, Part 4, Division 3 of the California Civil Code. C. The “Material and Labor Bond” shall be at least equal to 100% of the DEVELOPER’s estimated construction costs as reflected in the DEVELOPER’s pro forma budget, to satisfy claims of material supplies and of mechanics and laborers employed for this Project. The bond shall be maintained by the DEVELOPER in full force and effect until the Project is completed, and until all claims for materials and labor are paid, released, or time barred, and shall otherwise comply with any applicable provision of the California Code. D. In lieu of the bonds required above, the CITY, in its sole discretion, may accept from the DEVELOPER an Irrevocable Standby Letter of Credit issued with the CITY named as the sole beneficiary in the amounts(s) of the bonds required above. The Standby Letter of Credit is to be issued by a bank, and in the form acceptable to the CITY. This Irrevocable Standby Letter of Credit shall be maintained by the DEVELOPER in full force and effect until the CITY is provided with a recorded Notice of Completion for the construction of the Project and shall be subject to and governed by the laws of the State of California. In the event that the DEVELOPER would like to reque...

Bond Obligations. The parties hereto agree as follows in regard to the bond obligations with respect to all pending and future projects of the Business. Other than as set forth in this Section 4.15, the Purchaser (and its Affiliates) shall not have any obligation whatsoever with respect to any bond obligations for any project of the Sellers. (a) The Sellers shall use commercially reasonable efforts to obtain assurance(s) from ▇▇▇▇▇▇ ▇▇▇▇▇▇ and/or The Warrior Group, in writing and to the reasonable satisfaction of ParentCo, that ▇▇▇▇▇▇ ▇▇▇▇▇▇ and/or The Warrior Group will, upon the Purchaser being awarded new contracts and furnishing the related bonds as described in Section 4.15(b), (i) terminate, and release the Sellers from the obligations under, the contracts for all currently pending projects of the Business and (ii) reduce the aggregate amount of bond obligations of the Sellers with respect to such projects to $5,950,000. (b) The Purchaser shall use commercially reasonable efforts to be awarded, concurrent with the Closing, new contracts for the work described on Exhibit E (under the headings Fort ▇▇▇ Houston Task Order I and Fort Bliss Task Order III) to be performed by the Purchaser after the Closing with respect to Fort ▇▇▇ Houston Task Order I and Fort Bliss Task Order III (the “Remainder Fort ▇▇▇ Houston I and Fort Bliss III Projects”). For the avoidance of doubt, the Purchaser shall be entitled to receive all revenues generated with respect to the Remainder Fort ▇▇▇ Houston I and Fort Bliss III Projects. Following the Closing, the Purchaser shall offer to furnish to ▇▇▇▇▇▇ ▇▇▇▇▇▇, as the primary contractor on all such projects, new supply bonds solely for work described on Exhibit E (under the headings Fort ▇▇▇ Houston Task Order I and Fort Bliss Task Order III) to be performed by the Purchaser following the Closing on such projects, up to the following amounts: (i) $1,300,000 for the Fort ▇▇▇ Houston projects and (ii) $2,700,000 for the Fort Bliss project. (c) The Purchaser shall use commercially reasonable efforts to be awarded, concurrent with the Closing, the contract for the new phase at Fort ▇▇▇ Houston, Building III or otherwise known as ▇▇▇ Houston Task Order II (the “New Fort ▇▇▇ Houston Project”). The Purchaser shall, in connection with such efforts, offer to furnish to ▇▇▇▇▇▇ ▇▇▇▇▇▇, as the primary contractor on such project, following the Closing, a supply bond for up to $18,100,000 with respect to the New Fort ▇▇▇ Houston Project. For the avoidance o...

Bond Obligations. A new Section 7.10 is hereby added to the Agreement, providing as follows:

Bond Obligations. Seller has obtained certain bonds (the "Bonds") relating to the DNR Lease, the Property, and certain Employees who are licensed notaries public, for the benefit of certain government agencies. The Bonds are described on Schedule 7.10. Within thirty (30) days after Closing, Buyer and Seller shall use best efforts and due diligence to cause the Bonds to be released to Seller, provided that if any of the Bonds must be replaced by a new bond obtained by Buyer prior to its release, then Buyer shall be required to obtain the new bond only if Seller otherwise would be subject to a material contingent liability under the Bond to be replaced for matters arising after Closing. In any event, Buyer shall defend, indemnify, and hold Seller harmless from and against any and all loss, damage, claims, penalties, liability, suits, costs, and expenses (including, without limitation, reasonable attorneys fees and costs) suffered or incurred by Seller after Closing arising out of or related to any act or omission after Closing of Buyer, its agents, contractors, and employees, bonded against under any of the Bonds.