Claims on Payment Bonds Claims on Payment Bonds must be sent directly to the Contractor and his surety in accordance with Tex. Gov’t Code § 2253.041. All Payment Bond claimants are cautioned that no lien exists on the funds unpaid to the Contractor on such Contract, and that reliance on notices sent to the Owner may result in loss of their rights against the Contractor and/or his surety. The Owner is not responsible in any manner to a claimant for collection of unpaid bills, and accepts no such responsibility because of any representation by any agent or employee.
The Bonds Each Class of Bonds shall be registered in the name of a nominee designated by the Depository. Beneficial Owners will hold interests in the Bonds through the book- entry facilities of the Depository in minimum initial Bond Principal Balances of $25,000 and integral multiples of $1 in excess thereof. The Indenture Trustee may for all purposes (including the making of payments due on the Bonds) deal with the Depository as the authorized representative of the Beneficial Owners with respect to the Bonds for the purposes of exercising the rights of Holders of the Bonds hereunder. Except as provided in the next succeeding paragraph of this Section 4.01, the rights of Beneficial Owners with respect to the Bonds shall be limited to those established by law and agreements between such Beneficial Owners and the Depository and Depository Participants. Except as provided in Section 4.08 hereof, Beneficial Owners shall not be entitled to definitive certificates for the Bonds as to which they are the Beneficial Owners. Requests and directions from, and votes of, the Depository as Holder of the Bonds shall not be deemed inconsistent if they are made with respect to different Beneficial Owners. The Indenture Trustee may establish a reasonable record date in connection with solicitations of consents from or voting by Bondholders and give notice to the Depository of such record date. Without the consent of the Issuer and the Indenture Trustee, no Bond may be transferred by the Depository except to a successor Depository that agrees to hold such Bond for the account of the Beneficxxx Owners.
Bonds The Contractor shall furnish both a performance bond and a payment bond and shall pay the premiums thereon as a Cost of the Work. The Performance Bond shall guarantee the full performance of the Contract.
Construction Bonds In accordance with 153.54, et. seq. of the Ohio Revised Code, the recipient shall require that each of its Contractors furnish a performance and payment bond in an amount at least equal to 100 percent (100%) of its contract price as security for the faithful performance of its contract;
Surety Bonds No Trustee, officer, employee or agent of the Trust shall, as such, be obligated to give any bond or surety or other security for the performance of any of his duties, unless required by applicable law or regulation, or unless the Trustees shall otherwise determine in any particular case.
The Notes Section 2.01.
Errors on Paycheques In the event of an error on an employee's pay, the correction will be made in the pay period following the date on which the underpayment comes to the Employer's attention. If the error results in an employee being underpaid by one (1) day's pay or more, the Employer will provide payment for the shortfall within three (3) business days from the date it is notified of the error. If the Employer makes an overpayment of a day’s pay or less for an employee, the overpayment will be deducted on the pay period following the date that the error is discovered. If the error is in excess of a normal day’s pay, the Employer will be reimbursed based on a mutually satisfactory arrangement between the employee and the Employer.
Contract Bonds Contract bonds shall conform to the requirements of Section 103.05.
General Notes The following General Notes apply without exception to this Agreement, including to Annexes 1 through 6.
Special Notes NOTE # 1: If any laborer work other than the above is performed during a shift, the basic labor rate is paid for the full shift. CLASSIFICATIONS GROUP 1 Includes: General Laborers and the following; • Applicator (including Pot Power Tender for same) applying protective Material by hand or nozzle on utility lines or storage tanks on a project • Asphalt Plant Laborers • Asphalt Spreaders • Assistant and Tender to other Crafts • Batch Weighman • Broomers • Brush Burners and Cutters • Brush Cutters (Power Saw) • Burners • Car and Truck Loaders • Xxxxxxxxx Tender • Change-House Man or Dry Shack Man • Chipper Operator (Vermeer or Similar types) • Choker Setter • Choker Splicer • Xxxxx Power Spreader and similar Types) • Clean-Up Laborers • Clean-Up Nozzleman — Green-Cutter (Concrete, Rock, etc.) • Compressor small, under 1 ,250 CFM) • Concrete Laborer (including, but not limited to, setting up chutes, hoses, pouring, mucking, placing, buckets, and other general concrete work.) • Concrete Specialist (including, but not limited to, patching.) • Crusher Feeder • Curing, Concrete • Demolition, Wrecking and Moving Laborers (including selective demolition) • Demolition and Wrecking Charred Materials • Dewatering (including operation of portable pumps, squeegee, vacuums) • Direction Boring (up to 6-inch diameter) • Doping and Wrapping Pipe • Driller Helpers • Dumpers, Road Oiling Crew • Dump man (for Grading Crew) • Elevator Feeders • Erosion Control Specialist Certified) • Fine Graders • Fence Builders • Form Strippers (not Swinging Stages) or stockpiling if no longer use including cleaning and preparation for reuse • Guard Rail, Median Rail, Barriers, Cable Barrier, Impact Attenuators, Reference Post, Guidepost, Right-of-Way Marker • Gunite Nozzle Man Tender • Gunite or Sand Blasting Pot Tender • Handlers or Mixers of All Materials of an irritating nature (including cement and lime) • Leverman or Aggregate Spreader (Xxxxxxxx and similar types) • Loading Spotters • Material Yard Man (including Electrical and la down yards) • Pavers (Dry Set) • Post Hole Digger, Air, Gas or Electric • Powderman Helper • Precast Concrete Setter (assist in Placement) • Pressure Washing • Railroad Track Laborers • Retaining Wall Installer (Dry Stack) • Ribbon Setter, Head • Ribbon Setter (including Steel Forms) • Rip Rap Man (Head) , Hand Placed including Gabion Baskets • Rip Rap Man (Hand Placed) • Road Pump Tender • Roof Removal • Sand Blasting (Wet) • Scaffold Tender • Self-Propelled Concrete Buggy • Sewer Laborer • Sign Erector (all types of faces and supporting structures) • Signalman • Scissor and Manlift • Skipman • Slopers • Solar Worker • Spray man • Stake Chaser • Stake Setter • Stock piler • Tampers • Tie Back Shoring • Timber Xxxxxx and Xxxxxx (Hand Labor) • Tool Operators, Handheld, Walk Behind (Except Concrete Saw) and • Remote Control (includes but not limited to): - Dry Pack Machine - Jackhammer - Chipping Guns - Compaction - Paving Breakers - - Hand-held Concrete Saw and Demo Saws - Core Drill (2" diameter maximum) • Tool room Man (at Jobsite)