Common use of Surety Bond Clause in Contracts

Surety Bond. The Company shall have the right, at all times, to require the Supplier to furnish a bond covering faithful performance of this Agreement and the payment of all obligations arising hereunder (i.e., Performance Bonds, Mechanics Liens), including any damages that may be payable under Article

Appears in 16 contracts

Sources: Master Services Procurement Agreement, Master Services Procurement Agreement, Master Services Procurement Agreement

Surety Bond. The Company shall have the right, at all times, to require the Supplier to furnish a bond covering faithful performance of this Agreement and the payment of all obligations arising hereunder (i.e., Performance Bonds, Mechanics Liens), including any damages that may be payable under ArticleArticle 27. The Company shall be entitled to approve the amount, form, premium cost, and surety Company issuing such surety bond.

Appears in 5 contracts

Sources: Master Services Procurement Agreement, Master Services Procurement Agreement, Master Services Procurement Agreement

Surety Bond. The Company shall have the right, at all times, to require the Supplier to furnish a bond covering faithful performance of this Agreement and the payment of all obligations arising hereunder (i.e., Performance Bonds, Mechanics Liens). The Company shall be entitled to approve the amount, including any damages that may be payable under Articleform, premium cost, and surety Company issuing such surety bond.

Appears in 2 contracts

Sources: Master Materials Procurement Agreement, Materials Supply Agreement

Surety Bond. The Customer or the Company shall have the right, at all times, to require the Supplier to furnish a bond covering faithful performance of this Agreement and the payment of all obligations arising hereunder (i.e., Performance Bonds, Mechanics Liens), including any damages that may be payable under ArticleArticle 27. The Customer or the Company shall be entitled to approve the amount, form, premium cost, and surety Company issuing such surety bond.

Appears in 1 contract

Sources: Master Services Procurement Agreement

Surety Bond. The Company shall have the right, at all times, to require the Supplier to furnish a bond covering faithful performance of this Agreement and the payment of all obligations arising hereunder (i.e.hereunder. The Company shall be entitled to approve the amount, Performance Bondsform, Mechanics Liens)premium cost, including any damages that may be payable under Articleand surety Company issuing such surety bond.

Appears in 1 contract

Sources: Master Services Procurement Agreement