Completion Bond Sample Clauses

Completion Bond. The relevant Entertainment Company or Unaffiliated Production Company has in effect a completion bond guaranteeing the completion and delivery of each Film In Progress according to its terms.
AutoNDA by SimpleDocs
Completion Bond. If the Developer completes the Work and desires service prior to the District's acceptance of the Extension, the District, at its sole option and as a condition of service, may require the Developer to provide a cash Completion Bond in a form and amount acceptable to the District, which shall be deposited with the District to ensure that the Developer shall complete the Extension so that it may be accepted by the District. Should the Developer fail within a reasonable time to complete the Extension so that it may be accepted, the District, in its sole discretion, shall cause the Extension to be completed, the costs of which shall be paid out of the Completion Bond. If the costs to complete the Extension exceed the amount of the Completion Bond, the Developer shall, within ten (10) days of a written invoice from the District, reimburse the District the amounts invoiced. If the costs to complete the Extension are less than the amount of the Completion Bond, the remainder shall be paid over to the Developer after the District has received all necessary releases and certificates.
Completion Bond. Tenant shall deliver to the Port a contractor’s completion bond (or, in lieu of a completion bond, a payment and performance bond in the full amount of any construction contract) of a surety company licensed to do business in the State of Washington, running to the Port conditioned on the completion of the Project in accordance with the Final Plans and the provisions of this Agreement, free and clear of all mechanics’ or other liens and free and clear of all financing statements under the Uniform Commercial Code. This bond shall be in an amount equal to the costs of construction for the Project and in a form and written by a company as the Port shall approve, which approval the Port shall not unreasonably withhold.
Completion Bond. At any time, Tenant either desires to or is required to make any repairs, alterations, additions, improvements or utility installations thereon, pursuant to Articles 7.5 or 9.2 herein or otherwise, Landlord may request tenant at Tenant's reasonable cost and expense, to obtain and provide to Landlord a lien and completion bond in an amount equal to one and one-half (1-1/2) times the estimated cost of such improvements, to insure Landlord against any liability for mechanic's and materialmen's liens and to insure completion of the work.
Completion Bond. Before any major work of construction, alteration or repair is commenced on the Premises, the Lessee shall furnish City a completion bond from a responsible surety company, licensed to do business in California, in an amount not less than the cost of the improvements to be constructed, and which shall remain in effect until the entire cost of the work shall have been paid in full and the new improvements shall have been insured as provided in this Lease Agreement. The bond shall state the following:
Completion Bond. Landlord may require Tenant, at Tenant’s sole cost, to obtain and provide to Landlord a lien and completion bond in a form and by a surety acceptable to Landlord, and in amount not less than one hundred fifty percent (150%) of the estimated cost of such Tenant Alterations but only if such Tenant Alterations exceed $150,000 in value.
Completion Bond. At ECOPETROL's discretion, in order to ensure completion of the Exploration Works corresponding to the stages in each phase of the Exploration Period, in accordance with Clause 5, THE ASSOCIATE, at its expense, agrees to submit in favor of ECOPETROL one or more irrevocable Stand-By Letters of Credit or Bank Bonds issued by a financial corporation acceptable to ECOPETROL, for an amount in dollars of the United States of America equal to the estimated cost of the Exploration Works agreed to as the minimal program to be developed during each stage and with a term corresponding to the stage covered plus ninety (90) days more, counted as of the date on which it is issued. The bond for backing the first stage of the Exploration Period shall be submitted within the ten (10) business days following the date on which the resolution of approval of this contract by the Ministry of Mines and Energy is official and the later ones within the first ten (10) business days following the initiation of each subsequent phase. Upon request of THE ASSOCIATE, the value of this bond may be reduced every six (6) months as of the Effective Date, in proportion to the physical amount of Exploration Works performed, agreed to in Clause 5. Note: The completion bond dealt with in this clause may be replaced by the constitution of autonomous equity, according to the conditions established by ECOPETROL for this purpose
AutoNDA by SimpleDocs
Completion Bond. The Members acknowledge that a Completion Bond shall be obtained in connection with the Picture from the Completion Guarantor. The Company shall be a beneficiary of the Completion Bond.
Completion Bond. Obtain a Completion Bond for (a) any non-episodic television item of Product produced by a Debtor (or Subsidiary of a Debtor) for which the Budgeted Negative Cost exceeds $7 Million and (b) any episodic television item of Self- Produced Product (other than game shows, reality-based shows or talk shows) which is being produced outside of the United States or Canada, or which is in its first year of production (regardless of where it is being produced); and provided, further, that at no time shall any Debtor commence production for any non-episodic television item of Product not covered by a Completion Bond if, after giving effect thereto, the aggregate of amount of Budgeted Negative Costs for all non-episodic television items of Product in production not covered by a Completion Bond would exceed $12 Million.
Completion Bond. The Members acknowledge that the Production Budget may be adjusted to include a completion bond at the discretion of GrayMark Productions, Inc. Additionally, the Company and Managers shall use best efforts to ensure that the production costs (including script rights acquisition, legal fees, setup of production offices, casting; location scouting) of the Picture do not exceed the Production Budget. Members shall consult with each other regarding the completion bond, but the final decision shall be at the sole discretion of GrayMark Productions, Inc.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!