FINANCIAL GUARANTEES. Except as otherwise provided, Subdivider shall install and construct said required improvements by private contracts secured by bonds, irrevocable letters of credit, sequential development, or any other method that may be acceptable to the Planning Board and Board of County Commissioners. All engineering and legal work in connection with such improvements shall be paid by the contracting parties pursuant to said special improvement district or private contract, and the improvements shall be designed by and constructed under the supervision of a professional engineer competent in civil engineering, licensed in the state of Montana. Upon completion of the improvements, the consulting Engineer shall file with the Public Works Department, a statement certifying that the improvements have been completed in accordance with approved, seal stamped, record drawings, along with all required post-construction certification per Section 4.6.C. of the Yellowstone County Subdivision Regulations. (In the event that all required improvements are not installed and constructed prior to final plat approval, the Subdivider shall provide a monetary security guarantee in the amount of 125% of the estimated total cost by one (1) of the methods listed in Chapter 5 of the Yellowstone County Subdivision Regulations. If using a security, describe the method in this section)
FINANCIAL GUARANTEES. Except as otherwise provided, Subdivider shall install and construct said required improvements with cash or by utilizing the mechanics of a private contract secured by letters of credit or a letter of commitment to lend funds from a commercial lender. All engineering and legal work in connection with such improvements shall be paid by the contracting parties pursuant to said private contract, and the improvements shall be installed as approved by the City Engineer and Utility Department Manager.
FINANCIAL GUARANTEES. 29.1. On the Effective Date, upon commencement of each renewal period of the Exploration Period entered into under Article 6 and upon the approval being granted for an Exploration Work Programme under Article 11 or for any Appraisal Programme pursuant to Article 14, the Contractor shall provide the Minister with irrevocable guarantees from a guarantor of financial substance acceptable to the Minister for an amount equal to:
FINANCIAL GUARANTEES. The Clients shall also commit, once executing any sale or purchase transaction, to follow up on their open position and place by themselves Stop Loss Orders in order to minimize their loss within the Margin the deposited; otherwise, the Clients shall be considered as if he they delegated the Financial Institution irrevocably to put such stop loss orders on their behalf at any time the Financial Institution deems necessary without referring to them and without the Clients having the right to object . • The Clients shall also undertake to pay the due amounts resulting from their incapacity of closing any of their positions as the markets close at their Limit Up or Limit Down. The Clients shall assume the full responsibility for any loss that may result from any unforeseeable, external and uncontrollable event (all together referred to as “Force-Majeure”) or any extreme moves and fluctuations in the deficit of their account. • Knowing that the issue of urgent and unexpected orders like “stop loss” might not necessarily lead to a limitation of Clients losses to the required or desired level, when market conditions are such as to bear any execution of such orders. • The Clients acknowledge that the Financial Institution has the right to hedge and not close the needed positions, on Fridays and Holidays and that stop out can reach below required percentages in a volatile market or when holding big amount of positions. Therefore, the Clients shall ensure that they have sufficient funds in their account in order to maintain the open positions. • The Clients should call the Financial Institution to give their instructions with respect to their open positions before the expiration of their respective future contracts, otherwise the Financial Institution, without referring to the account, shall liquidate these positions.
FINANCIAL GUARANTEES. Performance bond
FINANCIAL GUARANTEES. Except as otherwise provided, Subdivider shall install and construct said required improvements by private contracts secured by bonds, irrevocable letters of credit, sequential development, or any other method that may be acceptable to the Planning board and Board of county Commissioners. All engineering and legal work in connection with such improvements shall be paid by the contracting parties pursuant to said private contract, and the improvements shall be designed by and constructed under the supervision of a professional engineer competent in civil engineering, licensed in the State of Montana. Upon completion of the improvements, the consulting engineer shall file with the Public Works Department, a statement certifying that the improvements have been completed in accordance with approved, seal stamped, record drawings, along with all post-construction certification per Section 4.6.C. of the Yellowstone County Subdivision Regulations.
FINANCIAL GUARANTEES. Not applicable.
FINANCIAL GUARANTEES. 18.1 The Contractor shall secure the performance of all contractual obligations and the payment of damages caused by the breach of Contract for the amount specified in Part A.
FINANCIAL GUARANTEES. All the orders which the company LABORATOIRES XXXXXXX agrees to carry out are it taking into account the fact that the professional purchaser presents the sufficient financial guarantees and that it will effectively regulate the sums due to their expiry, in accordance with the legislation. Also, if the company LABORATOIRES XXXXXXX has serious or particular reasons to fear difficulties of payment on behalf of the professional purchaser at the date of the order or after this one, or if the professional purchaser does not present the same guarantees as at the date of acceptance of the order, the company LABORATOIRES XXXXXXX can subordinate the acceptance of the order or the continuation of its execution to the provision, by the professional purchaser, of guarantees in the profit of the company LABORATOIRES XXXXXXX or to a payment before forwarding. The company LABORATOIRES XXXXXXX will also have the faculty, before the acceptance of any order, as during the execution, to require from the professional purchaser communication of its accounting documents, and in particular of the profit and loss accounts, even provisional, allowing the company LABORATOIRES XXXXXXX to appreciate its solvency. In case of refusal by the professional purchaser of the payment before expedition, or without any sufficient guarantee being proposed by this last one, the company LABORATOIRES XXXXXXX can refuse to honour the order(s) placed and to deliver the concerned products, without the professional purchaser being able to argue of an unjustified refusal of sale or to claim any compensation.
FINANCIAL GUARANTEES. Except as otherwise provided, Subdivider shall install and construct said required improvements by private contracts secured by letters of credit or a letter of commitment to lend funds from a commercial lender (see list of guarantee types). All engineering and legal work in connection with such improvements shall be paid by the contracting parties pursuant to said special improvement district or private contract, and the improvements shall be installed as approved by the County/Town. Upon completion of the improvements, the consulting engineer shall file with the Public Works Department, a statement certifying that the improvements have been completed in accordance with approved as-built plans. (In the event that all required improvements are not installed and constructed prior to final plat approval, the Subdivider shall provide a monetary security guarantee in the amount of 110% of the estimated total cost by one (1) of the methods listed in this Appendix. Construction of the improvements for which a monetary guarantee is provided must be completed within one year unless a longer timeframe is allowed by the governing body at the time of conditional approval of the preliminary plat.)
