SECURITY DEPOSIT/BOND Clause Samples
SECURITY DEPOSIT/BOND. (a) At least one (1) week before the commencement of any rehearsal, engagement, series of engagements or tour within or without the United States of America, or at least one (1) week before the ARTIST commences to travel in pursuance of any engagements, series of engagements or tour within or without the United States of America, whichever is earlier, the EMPLOYER shall deposit with AGMA, at ▇▇▇▇ ▇▇▇▇▇▇▇▇ (▇▇ ▇▇▇▇ ▇▇▇▇▇▇), ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇-▇▇▇▇, cash, certified check, savings account passbook, assigned CD, irrevocable assigned letter of credit, or other acceptable liquid financial instruments assigned to American Guild of Musical Artists, Inc. for the benefit of the ARTISTS which shall be satisfactory to AGMA. AGMA shall be the sole judge as to whether the form, financial responsibility and amount of such cash, certified check, savings account passbook, assigned CD, irrevocable letter of credit, or other acceptable liquid financial instruments assigned to the American Guild of Musical Artists, Inc., is satisfactory, and the EMPLOYER shall not be deemed to have performed its obligation under this Agreement until the same has been approved by AGMA. ▇▇▇▇ agrees that the security bond for EMPLOYER will be limited to one (1) week's salary for the members of the company.
(b) Proof of the placing of the security bond with AGMA will be posted on the company bulletin board not later than the first (1st) day of each employment period.
(c) No ARTIST shall leave the city of origination for work outside said city unless the EMPLOYER, prior to the ARTIST'S departure therefrom, has provided and paid for his transportation and his baggage in accordance with the foregoing provisions, including return transportation back to the city of origination. AGMA shall have the right to require the EMPLOYER to post such bond or bonds or such other security, including money, and in such amount as in its sole discretion AGMA deems necessary to insure the safe transportation and return of the ARTIST. AGMA reserves the right to set up other terms and conditions for granting permission to the EMPLOYER to take any ARTISTS for an engagement, series of engagements or tours outside of the United States of America, as provided in the standard Overseas Rider attached hereto. All other foreign travel per diem shall be separately negotiated in the standard Overseas Rider.
SECURITY DEPOSIT/BOND. Prior to performing any work necessary under this Agreement, FRANCHISEE will deliver to the CITY a valid performance bond in the sum of fifty thousand dollars ($50,000.00), issued by a surety company acceptable to the CITY 's Controller in the form attached hereto as Exhibit C. FRANCHISEE agrees and acknowledges that it will obtain a bond which allows for the use of the bond to cover all costs associated with the project not covered by any insurance policies including but not limited to: interest, charges by the CITY to remove DAS/Small Cell Networks and unpaid permit and administrative fees. FRANCHISEE shall keep such bond, at its expense, in full force and effect (The bond can be renewed from year to year) until the ninetieth 90th day after the Expiration Date or other termination hereof, to insure the faithful performance by FRANCHISEE of all of the covenants, terms and conditions of this Agreement. Such bond shall provide thirty (30) days prior written notice to the CITY of cancellation or material change thereof. In the event of any non-extension of the bond, FRANCHISEE shall replace such security with another form permitted hereunder at least ten (10) days prior to expiration and if FRANCHISEE fails to do so the CITY shall be entitled to present its written demand for payment of the entire face amount of such bond and to hold the funds so obtained as the Security Deposit required hereunder. Any unused portion of the funds so obtained by the CITY shall be returned to FRANCHISEE upon replacement of the bond or deposit of cash security in the full amount required hereunder. Such bond submitted pursuant to the requirements of a related Metro Permit shall satisfy the bond requirements of this agreement.
SECURITY DEPOSIT/BOND. 1. At least one (1) week before the commencement of any rehearsal, engagement, or series of engagements or tour within or without the United States of America, or at least one (1) week before the Artist commences to travel in pursuance of any engagements, series of engagements or tour within or without the United States of America, whichever is earlier, the EMPLOYER shall deposit with AGMA, at ▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇, cash, certified check, savings account passbook, assigned CD, irrevocable assigned letter of credit, or other acceptable liquid financial instruments assigned to American Guild of Musical Artists, Inc. for the benefit of the Artists which shall be satisfactory to AGMA. AGMA shall be the sole judge as to whether the form, financial responsibility and amount of such cash, certified check, savings account passbook, assigned CD, irrevocable letter of credit or other acceptable liquid financial instruments assigned to the American Guild of Musical Artists, Inc. is satisfactory, and the EMPLOYER shall not be deemed to have performed its obligation under this Agreement until the same has been approved by AGMA. AGMA agrees that the security bond for established companies will be limited to one (1) week’s salary for the members of the company.
2. Proof of the placing of the security bond with AGMA will be posted on the company bulletin board not later than the first (1st) day of each employment period.
3. No Artist shall leave Boston for work outside said city unless the EMPLOYER, prior to the Artist’s departure ▇▇▇▇▇▇▇▇▇, has provided and paid for his / her transportation and his / her baggage in accordance with the foregoing provisions, including return transportation back to the city of origination. AGMA shall have the right to require the EMPLOYER to post such bond or bonds or such other security, including money, and in such amount as in its sole discretion AGMA deems necessary to insure the safe transportation and return of the Artist. AGMA reserves the right to set up other terms and conditions for granting permission to the EMPLOYER to take any Artist for an engagement, series of engagements or tours outside of the United States of America, as provided in the standard Overseas Rider attached hereto. All other foreign travel per diem shall be separately negotiated in the standard Overseas Rider.
SECURITY DEPOSIT/BOND. Prior to performing any work necessary under this Agreement, and with respect to all such work, Licensee will deliver to the Road Commission a valid performance bond in the sum of __________ thousand dollars ($___,000), issued by a surety company acceptable to the Road Commission’s Controller in the form attached hereto as Exhibit A “Licensed Locations.” Licensee agrees and acknowledges that it will obtain a bond which allows for the use of the bond to cover incidental expenses and costs, removal expenses, restoration expenses, damages and fees not covered by any insurance policies including but not limited to: interest, charges by the Road Commission to remove Facilities and unpaid permit and administrative fees. Licensee shall keep such surety bond, at its expense, in full force and effect until the sixtieth (60th) day after the expiration or other termination hereof, to insure the faithful performance by Licensee of the covenants, terms and conditions of this Agreement. Such bond shall provide thirty (30) days prior written notice to the Road Commission of cancellation or material change thereof. In the event of any non-extension of the bond, Licensee shall replace such security with another form permitted hereunder at least ten (10) days prior to expiration and if Licensee fails to do so the Road Commission shall be entitled to present its written demand for payment of the entire face amount of such bond and to hold the funds so obtained as the security deposit required hereunder. Any unused portion of the funds so obtained by the Road Commission shall be returned to Licensee upon replacement of the bond or deposit of cash security in the full amount required hereunder.
SECURITY DEPOSIT/BOND. A. At least one (1) week before the commencement of any rehearsal, engagement, series of engagements or tour within or without the United States of America, or at least one (1) week before the Artist commences to travel in pursuance of any engagements, series of engagements or tour within or without the United States of America, whichever is earlier, the Employer shall deposit with AGMA, liquid financial instruments or appropriate surety bonds, assigned to or for the benefit of AGMA and in satisfactory form, in the amount of one (1) week’s salary for the Artists employed by the Employer.
B. Proof of the placing of the security bond with AGMA will be posted on the company bulletin board not later than the first (1st) day of each employment period.
C. No Artist shall leave the city of origination for work outside said city unless the Employer, prior to the Artist’s departure there from, has provided and paid for his or her transportation and his or her baggage in accordance with the foregoing provisions including return transportation back to the city of origination. AGMA shall have the right to require the Employer to post such bond or bonds or such other security, including money, and in such amount as in its sole discretion AGMA deems necessary to insure the safe transportation and return of the Artist. AGMA reserves the right to set up other terms and conditions for granting permission to the Employer to take any Artists for an engagement, series of engagements or tours outside of the United States of America, as provided in the standard Overseas Rider attached hereto. All other foreign travel per diem shall be separately negotiated in the standard Overseas Rider. Local tourist offices will be contacted in addition to the U.S. State Department regarding meal money rates for all overseas tour cities. Employer may request AGMA to assist with these consultations.
SECURITY DEPOSIT/BOND a. At least one (1) week before the commencement of any rehearsal, engagement, series of engagements or tour within or without the United States of America, or at least one (I) week before the ARTIST commences to travel in pursuance of any engagements, series of engagements or tour within or without the United States of America, whichever is earlier, the EMPLOYER shall deposit with AGMA, at ▇▇▇ ▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇, ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇, cash, certified check, savings account passbook, assigned CD, irrevocable assigned letter of credit, or other acceptable liquid financial instruments assigned to American Guild of Musical Artists, AFL-CIO for the benefit of the ARTISTS which shall be satisfactory to AGMA. AGMA shall be the sole judge as to whether the form, financial responsibility and amount of such cash, certified check, savings account passbook, assigned CD, irrevocable letter of credit, or other acceptable liquid financial instruments assigned to the American Guild of Musical Artists, AFL-CIO is satisfactory, and the EMPLOYER shall not be deemed to have performed its obligation under this Agreement until the same has been approved by AGMA. AGMA agrees that the security bond for established companies will be limited to one (1) week’s salary for the members of the company.
b. Proof of the placing of the security bond with AGMA will be posted on the company bulletin board not later than the first (1st) day of each employment period.
SECURITY DEPOSIT/BOND. As a condition of the issuance of this Permit, the Permittee shall obtain and maintain a bond, in the amount of $1,000.00 per small cell wireless facility, in a form reasonably satisfactory to the City/Village/Township, for the small cell wireless facilities for the following purposes:
(A) To provide for the removal of abandoned or improperly maintained small cell wireless facilities, including those that an authority determines should be removed to protect public health, safety, or welfare.
(B) To repair the ROW as provided under the Act.
(C) To recoup rates or fees that have not been paid by a wireless provider in more than 12 months, if the wireless provider has received 60-day advance notice from the City/Village/Township of the noncompliance.
SECURITY DEPOSIT/BOND a) A Security Deposit Bond of between £1200 -£1500 ( dependent on UK or abroad travel) will be required on the hire day or before. This will be refunded within 14 days after inspection, cleaning and valeting. Subject to the motorhome being returned at the correct time in the same condition as it was supplied to you, with the toilet emptied, the interior clean (including cooking appliances, pots and pans, etc) and with a full tank of fuel.
b) Should there be any loss or damage to the vehicle or any of the equipment, fixtures, fittings and including any third-party loss or damage, the security deposit bond will be used to fund the cost.
c) You the Hirer(s) irrevocably authorise Why ▇▇▇▇▇ Hire ltd to deduct from the Security Bond any amounts due to Why ▇▇▇▇▇ Hire ltd arising out of this Agreement.
SECURITY DEPOSIT/BOND. 14.5.1 Upon pick-up of the vehicle, the Tenant agrees to allow Wicked to place a hold on a security deposit using the Tenant’s credit card (no cash or debit cards are accepted for the deposit). The Tenant irrevocably authorizes Wicked to deduct from the Security Deposit any amounts due for damages, violations of this Agreement, or other payments agreed upon within the contract. The Security Deposit may remain on hold until three (3) working days prior to the drop-off date to allow for a complete inspection of the vehicle. If the vehicle is returned on time and all drop-off conditions are met, the Security Deposit will be fully released. A fee of $50 CLP (approximately $0.06 USD) will be charged by Wicked to process the release of the Security Deposit.
14.5.2 Wicked recommends that the Tenant obtain separate travel insurance. However, Wicked does not provide or arrange any form of insurance. The Tenant acknowledges and agrees that Wicked is not an insurer, and that Clause 14.1 offers only limited indemnity and is not intended to constitute an insurance contract.