Common use of Provisions of the Performance Bond Clause in Contracts

Provisions of the Performance Bond. The face amount of the Performance Bond issued by the Surety pursuant to this Agreement shall be $ ___________, which is the City’s estimate of the total cost to perform Subdivider’s obligations under this Agreement. The Performance Bond shall specifically adopt by reference all of the terms of this Agreement.

Appears in 4 contracts

Samples: Performance Bond Agreement, Performance Bond Agreement, Performance Bond Agreement

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Provisions of the Performance Bond. The face amount of the Performance Bond issued by the Surety pursuant to this Agreement agreement shall be $ ___________$Amount, which is the CityTown’s estimate of the total cost to perform the Subdivider’s obligations under paragraphs 1 and 2 of this Agreement, plus a reasonable contingency. The Performance Bond shall specifically adopt by reference all of the terms of this Agreement.

Appears in 3 contracts

Samples: Assurance Agreement to Construct Subdivision Improvements, Assurance Agreement to Construct Subdivision Improvements, Assurance Agreement to Construct Subdivision Improvements

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Provisions of the Performance Bond. The face amount of the Performance Bond issued by the Surety pursuant to this Agreement agreement shall be $ ___________$Amount, which is the CityTown’s estimate of the total cost to perform the Subdivider’s obligations under paragraphs 1 and 2 of this Agreement, plus a reasonable contingency. The Performance Bond shall specifically adopt by reference all of the terms of this Agreement.

Appears in 2 contracts

Samples: Substitute Assurance Agreement to Construct Subdivision Improvements, Substitute Assurance Agreement

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