Payment and Other Bonds Sample Clauses

Payment and Other Bonds. CONSULTANT shall furnish Performance and Payment Bonds specific to each project if required and agreed to under the Consultant Service Agreement for the project.
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Payment and Other Bonds. Contractor shall not be required to furnish a Performance Bond and a Labor and Material Payment Bond, unless directed otherwise by American Water. Delete Paragraph 5.01 in its entirety and insert the following:
Sample 1

Related to Payment and Other Bonds

  • Fees and Other Charges (a) The Borrower will pay a fee on all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Loans under the Revolving Facility, shared ratably among the Revolving Lenders and payable quarterly in arrears on each Fee Payment Date after the issuance date. In addition, the Borrower shall pay to the Issuing Lender for its own account a fronting fee of 0.25% per annum on the undrawn and unexpired amount of each Letter of Credit, payable quarterly in arrears on each Fee Payment Date after the issuance date.

  • SETTLEMENT AND OTHER EXPENSES A. The following expenses must be paid at or prior to closing:

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