Cash Bond. If credit support is to be provided in the form of a cash bond, the following provisions will apply:
Cash Bond. In the case of a cash bond:
i. the Producer will post the bond not earlier than fifteen (15) business days and no later than five (5) business days prior to the commencement of work by the Guild Members;
ii. The District Council shall be entitled, upon written notice to the Producer and upon resolution of any dispute in favour of the Guild Member or the District Council, to make payment from the cash bond to the extent of any amounts found due. The notice shall stipulate the amount claimed and that such amount is due to the District Council as a result of a default by the Producer of its payment obligations as specified in the Agreement;
iii. The District Council will repay the cash bond less any amounts in dispute within thirty (30) days after the completion of principal photography, provided that the Producer has provided the District Council with a security agreement in accordance with Article 14.10(b), or a distribution guarantee or distributor’s assumption agreement from an approved distribution guarantor pursuant to Article 14.10(c), and will repay the balance, if any, within five (5) days of the resolution of a dispute in the Producer’s favour. Notwithstanding Article 14.09 (b)(iii), the District Council shall be entitled to retain an amount to cover two (2) weeks Gross Remuneration of all remaining Guild Members plus fringes from the cash bond following the completion of principal photography. The retained amount shall be released thirty (30) days following the completion of post production.
Cash Bond. A. A cash Bond once deposited must be refunded 90 days after this Agreement has been terminated, or upon application to the Joint Conference Board after satisfactory proof that the Contractor is no longer contracting within the jurisdiction of the Local Union signatory hereto.
B. Upon application and satisfactory proof to the Joint Conference Board, the principal of the bond shall be refunded at the end of the yearly quarter.
Cash Bond. A. A cash Bond once deposited must be refunded 90 days after this Agreement has been terminated, or upon application to the Joint Conference Board after satisfactory proof that the Contractor is no longer contracting within the jurisdiction of the Local Union signatory hereto.
B. Upon application and satisfactory proof to the Joint Conference Board, the principal of the bond shall be refunded at the end of the yearly quarter.
C. No bond shall be required to be refunded sooner than sixty (60) days after application to the Joint Conference Board or after an audit of all business records, books, and reports pertaining to wages or fringe benefits if so demanded by the Joint Conference Board or any Trust provided for in this Agreement.
D. The Joint Conference Board or Trustee designated by the Joint Conference Board shall have the authority to deposit all or any part of said funds so received in a savings or xxxxx-cial bank account together with funds received from other Contractors on the Joint Conference Board, or Trustee designated by the Joint Conference Board, and shall have the authority to invest not more than seventy-five percent (75%) of said funds together with funds received from other Contractors in United States Government Bonds, certificates of deposit, insured savings and loan associations or such investments approved for Trust funds.
E. The Joint Conference Board or the Trustee, as the case may be, shall collect all income received by reason of interest or otherwise derived from the investment or deposit of said funds.
F. The income shall be disposed of as follows: payment of all expenses for administration of said bond fund, and payment of taxes of all kinds.
G. The depositing Contractor shall bear the tax assessment on capital gains on his proportion of said fund, if any, and shall also pay any other taxes levied on his proportionate share of said fund, if any.
H. A valuation of the principal fund shall be made quarterly to determine gain or loss affecting the Contractor’s deposit.
I. The Trustee, if acting at the designation of the Joint Conference Board, shall disburse the principal or any portion thereof at the direction of the Joint Conference Board, and in order to pay any Contractor’s obligations as hereunder stated, said disbursements by the Joint Conference Board shall be made in the amounts and to the payee as directed.
J. The refund of the Contractor’s deposit upon direction of the joint Conference Board shall be less any authorized ...
Cash Bond. The Grantee shall deposit a cash bond in the sum of One Hundred Thousand Dollars ($100,000.00) in an interest bearing account. The cash bond shall be on terms acceptable to the City Attorney. The cash bond shall serve as security for the faithful performance by Grantee of all the provisions and obligations of this Franchise Agreement and the Restated and Amended Franchise Agreement Between City of Xxxxxxxx and Republic Services of Contra Costa County (Solid Waste) of even date. All interest shall be paid to the Grantee.
(1) After thirty (30) days following Grantee's failure to pay the City an amount owing under this Franchise Agreement plus interest at the rate of ten percent (10%) per annum, the cash bond may be accessed by the City upon five (5) days' prior written notice to the Grantee for purposes including, but not limited to:
(a) Failure of Grantee to pay the City sums due under the terms of the Franchise Agreement;
(b) Reimbursement of costs borne by the City to correct Franchise Agreement violations not corrected by Grantee, after due notice; and
(c) Monetary remedies or damages assessed against Grantee due to breach of Franchise Agreement.
(2) The Grantee shall deposit a sum of money sufficient to restore the cash bond tothe original amount within thirty (30) days after notice from the City that any amount has beenwithdrawn from the cash bond. The amount of the cash bond shall be adjusted annually by the annual percentage December to December change in the Consumer Price Index for all Urban Consumers for the San Francisco-Oakland-San Xxxx region ("CPI"). It is acknowledged that as of November 1, 2015, Grantee had deposited a cash bond in the amount of $147,817.84 in conformance with this Agreement.
Cash Bond. The Contractor will submit a cash bond in the amount of (hereinafter the “Treasurer”) and held in an escrow account (hereinafter the “Escrow Account”).
Cash Bond. In the case of a cash bond:
i. the Producer will post the bond not earlier than fifteen (15) business days and no later than five (5) business days prior to the commencement of work by the Guild Members;
Cash Bond. Paying to the City an amount that is equivalent to 125% of the estimated cost of labor and materials to construct the Improvements (as determined and certified by the City’s engineer) (“Improvement Costs”) and that the City can use said funds to pay for the installation of the Improvements in the future when the City, in its sole discretion, determines it is proper.
Cash Bond. Upon booking a venue, Client shall pay a cash bond of Ten Thousand Pesos (₱10,000), which shall account for additional charges and/or liabilities incurred by the Client during the event or function.
Cash Bond. The Contractor will submit a cash bond in the amount of
