Common use of Terms - Performance Bond Clause in Contracts

Terms - Performance Bond. a. Developer, as Principal, and as Surety, hereinafter called Surety, are held and firmly bound unto the City, as Obligee, in the penal sum of XXXX ($XX.XX) for payment where of Principal and Surety bind themselves, their heirs, executors, administrators, successors, and assigns, jointly and severally as described in 3. b. – f. below.

Appears in 20 contracts

Samples: Easement Agreement, Easement Agreement, Easement Agreement

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