Bond Required. The unit member shall furnish a suitable bond indemnifying the District against loss in the event that the unit member fails to render at least two (2) years’ service in the District after return from sabbatical leave of absence. Such bond shall be exonerated in event the failure of such unit member to return and render such two (2) years’ service is caused by the death or physical or mental disability of the unit member. If the Board finds, and by resolution declares, the that interest of the District will be protected by the written agreement of the employee to return to the service of the District and render at least two
Bond Required. The unit member shall furnish a suitable bond indemnifying the District against loss in the event that the unit member fails to render at least two (2) years’ service in the District after return from sabbatical leave of absence. Such bond shall be exonerated in event the failure of such unit member to return and render such two (2) years’ service is caused by the death or physical or mental disability of the unit member. If the Board finds, and by resolution declares, the that interest of the District will be protected by the written agreement of the employee to return to the service of the District and render at least two (2) consecutive years’ service therein following his/her return from the leave, the Board in its discretion may waive the furnishing of the bond and pay the employee on leave in the same manner as though a bond is furnished.
Bond Required. 19.10.12.1 The unit member shall furnish a bond indemnifying the District for the amount of sabbatical leave pay in the event they fail to render at least two (2) years of service in the employ of the District following their return from the sabbatical leave of absence.
Bond Required. Developer must provide a performance bond for the total improvement cost stated hereinabove to secure fulfillment of all of Developer’s obligations under this Agreement. The bond shall be in a form approved by the City. The bond must be executed by a corporate surety in accordance with Texas Government Code Section 22.53. The bond shall identify the City as Owner and Obligee and shall bind both Developer’s contractor and the Surety, their heirs, administrators, executors, successors and assignees, jointly and severally. The bond shall expressly provide that Developer’s contractor shall faithfully render performance under this Agreement and shall remain in full force and effect until all requirements of the Agreement have been performed to the City’s satisfaction.
Bond Required. Before acceptance of the Extension and Xxxx of Sale by the District, the Developer shall furnish to the District a Maintenance Bond in a form acceptable to the District. The bond shall require the Developer and/or the bonding company to correct defects in labor, workmanship, and materials which arise in the Extension for two (2) years from the date of acceptance of the Extension and until the bond is released by the District. The bond shall be in an amount equal to ten (10) percent of the cost of the Extension, but not less than five thousand dollars ($5,000.00).
Bond Required. Pursuant to Texas Local Government Code Section 212.073, Developer must provide a performance bond for the Total Improvement Cost to secure fulfillment of all of Developer’s obligations under this Agreement. The bond must be provided prior to the approval of this Agreement and shall be provided to the Deputy Planning Director of the Planning and Inspections Department. The bond shall be in a form approved by the City Attorney’s Office. The bond must be executed by a corporate surety in accordance with Texas Government Code Section 2253. The bond shall identify the City as Owner and Obligee and shall bind both Xxxxxxxxx’s contractor and the Surety, their heirs, administrators, executors, successors and assignees, jointly and severally. The bond shall expressly provide that Developer’s contractor shall faithfully render performance under this Agreement and shall remain in full force and effect until all requirements of the Agreement have been performed to the City’s satisfaction.
Bond Required. All members of the Board of Trustees and the Plan Manager shall be bonded in an amount not less than $50,000 and such additional amount as the Board of Trustees may determine.
Bond Required. The Trustee (including any successor trustee) shall be required to provide a bond in an amount as set and approved by the Bankruptcy Court in accordance with the Plan.
Bond Required. Franchisee shall, prior to obtaining any Permit specified in Section 4 (Site Approval and Compliance) of this Agreement, deliver a performance bond to the City in favor of City in the amount of One Hundred Thousand dollars ($100,000) (the “Performance Bond”).
Bond Required. Before a license shall be granted by the City Clerk or the City Clerk’s designee's, the applicant shall have filed with the City Clerk a surety bond in the amount of Two Thousand Dollars ($2,000.00), which shall be approved as to form by the City Attorney. The condition of such bond shall be that the contractor shall comply with all the ordinances of the City relating to and regulating the construction of all public sidewalks, curbs, gutters and private driveways cutting through or passing over curbs or sidewalks, and hold and save the city harmless from any and all damage to persons or property resulting from or growing out of any opening or excavation made, material stored or placed upon any operation in any street, alley or public property or from any other action by the contractor. (Ord. 378)
