Common use of Governmental Bonds Clause in Contracts

Governmental Bonds. Buyer acknowledges that none of the bonds, letters of credit and guarantees, if any, posted by Seller or its affiliates with Governmental Entities and relating to the Assets are transferable to Buyer. At or prior to Closing upon reasonable written request from Seller, Buyer shall deliver to Seller evidence of the posting of bonds or other security with all applicable Governmental Entities meeting the requirements of such Governmental Entities to own the Assets.

Governmental Bonds. Buyer acknowledges that none of the bonds, letters of credit and guarantees, if any, posted by Seller or its affiliates Affiliates with Governmental Entities Authorities and relating to the Assets Conveyed Interests are transferable to Buyer. At or prior to Closing upon reasonable written request from SellerClosing, Buyer shall deliver to Seller evidence of the posting of any bonds or other security required to be posted by Buyer as the owner of the Conveyed Interests with all any applicable Governmental Entities Authorities meeting the requirements of such Governmental Entities authorities to own the AssetsConveyed Interests.

Governmental Bonds. Buyer acknowledges that none of the bonds, letters of credit and guarantees, if any, posted by Seller Sellers or its affiliates their Affiliates with Governmental Entities Authorities and relating to the Assets are transferable to Buyer. At or prior to Closing upon reasonable written request from SellerClosing, Buyer shall deliver to Seller Sellers evidence of the posting of bonds or other security with all applicable Governmental Entities Authorities meeting the requirements of such Governmental Entities Authorities to own the Assets.