The Bond Sample Clauses

The Bond. The parties agree to secure and maintain the Bond, which will ensure each Party’s respective portfolios, directors/trustees, partners and officers, and may insure such Party’s agents and employees (with each of such insureds being referred to as an “Insured” and any Party and such of its Insureds being referred to as a “Party and its Insureds”).

The Bond. In order to provide funds for the purposes set forth in the preamble to this Contract, the Authority will, in accordance with the Act, issue the Bond, and all of the covenants, agreements, and provisions hereof shall, to the extent provided herein and in the Resolution, be for the benefit and security of the owner of the Bond.

The Bond. When the Bond is issued, transferred and delivered in accordance with the provisions of this Agreement, the Bond will have been duly authorized, executed, issued and delivered and will constitute the valid and special and limited obligation of the Issuer payable solely from the revenues and other monies derived by the Issuer from this Agreement. The Bond shall not be in any way a debt or liability of the Commonwealth or any political subdivision thereof, except the non-recourse obligation of the Issuer, and shall not create or constitute any indebtedness, liability or obligation of the Commonwealth or of any political subdivision thereof, except the non-recourse obligation of the Issuer, either legal, moral or otherwise. The Bond does not now and shall never constitute a charge against the general credit of the Issuer.

The Bond. The Bond shall be issued as a single bond that is fully registered, without coupons, in the denomination equal to the aggregate principal amount thereof. The Bond shall be lettered and numbered in a customary manner as determined by the Fiscal Agent. The Bond shall be dated as of the Closing Date and shall be registered initially in the name of the Original Purchaser and shall not be delivered in book entry form, initially or upon subsequent transfer.

The Bond. 2.1 The hire includes the use of the upper and lower floors of the venue, the kitchen and bathroom facilities and the land immediately to rear of the building. There are no storage facilities at the venue. 2.2 A bond of $500 will be included in the hiring. The full bond will only be refunded if there is no damage to property, equipment or fixtures, rubbish is dealt with appropriately (see 4.5- 4.6) and all hanging wires are left at the venue. A CSA representative will assess whether any of the above have not been adhered to. An appropriate deduction from the bond will be determined, if required, before any of the bond is returned. 2.3 CSA accepts the responsibility to have the venue in a clean state at the commencement of the hire. It is the responsibility of the hirer to notify a representative of the CSA of any concerns about the state of the venue at the commencement of the hiring. In determining the amount of the bond to be refunded, account will be taken of those preliminary concerns.

The Bond. The HIRER may be asked to pay a bond of up to £200. If the HIRER is asked to pay the bond the booking will be deemed provisional until it is paid. Payment should be made by bank transfer 1(i). Repayment of the bond will be made within 1 week after the event if the hire conditions are adhered to. The Management reserve the right to deduct costs from the £200 bond for any incidental damage, additional cleaning, call out fees for emergency services and any other related costs. All additional items not quoted but requested at the event will also be charged and deducted from the Bond. We reserve the right to charge for any additional repairs / costs howsoever caused, in excess of the value of the bond.

The Bond. The Bond. Surety hereby unconditionally, absolutely, and irrevocably guarantees to ERCOT and its successors and assigns the full punctual payment and performance by the Principal of all of the Principal’s payment obligations to ERCOT under the Standard Form Agreement and/or ERCOT Protocols (the “Obligations” or “Obligation”). ”).”) in an aggregate amount that is not greater than Amount of this Bond. As used in this Surety Bond, the term Obligations or Obligation means, collectively, the following:

The Bond. Surety hereby unconditionally, absolutely, and irrevocably guarantees to ERCOT and its successors and assigns the full punctual payment and performance by the Principal of all of the Principal’s payment obligations to ERCOT under the Standard Form Agreement and/or ERCOT Protocols (the “Obligations” or “Obligation”) in an aggregate amount that is not greater than Amount of this Bond. As used in this Surety Bond, the term Obligations or Obligation means, collectively, the following: (a) any and all indebtedness, liabilities and sums of money now or hereafter due and owing by Principal to ERCOT pursuant to, or arising under, the Standard Form Agreement, the ERCOT Protocols or any of the ERCOT market and operating guides, including (without limitation) all scheduling, operating, planning, reliability and settlement policies, rules, guidelines and procedures established from time to time by ERCOT; (b) any and all interest and out-of-pocket expenses (including reasonable attorneys’ fees) now or hereafter due and owing by Principal pursuant to the Standard Form Agreement, the ERCOT Protocols or any of the ERCOT market and operating guides, in each instance whether or not allowed under any Debtor Relief Law (including all post-petition interest accruing after the commencement of any bankruptcy or insolvency proceeding by or against Principal, whether or not allowed in such proceeding), and all other amounts that would be part of the Obligations but for the operation of Debtor Relief Laws; (c) all assessments and other amounts required to be paid by Principal to ERCOT in order to maintain the Standard Form Agreement and the ability to conduct business with ERCOT notwithstanding the continuing right of Principal to dispute, contest or pursue rights of setoff of such assessments and other amounts pursuant to the alternative dispute resolution provisions of the ERCOT Protocols; and (d) all reasonable costs, expenses and fees, including, without limitation, court costs and attorneys’ fees, arising in connection with the collection of any or all amounts, indebtedness, obligations and liabilities of Principal to ERCOT described in clauses (a) through (c) above.

The Bond. The Bond will be a special, limited obligation of the Authority, the principal of, premium, if any, and interest on which are payable solely from the moneys to be derived pursuant to the Bond Documents or derived from the liquidation of any property pledged to the Authority and assigned to the Purchaser as security for the Loan. The Act provides that neither the members of the Authority nor any Person executing bonds for the Authority shall be liable personally on said bonds by reason of the issuance thereof. The State is not obligated to pay, and neither the faith and credit nor taxing power of the State is pledged to the payment of, the principal or redemption price, if any, of or interest on the Bond. The Bond does not now and shall never constitute a charge against the general credit of the Authority. The Authority has no taxing power. Subject to the terms and conditions and upon the basis of the representations herein, the Authority hereby agrees to sell the Bond to the Purchaser, and the Purchaser hereby agrees to purchase the Bond from the Authority, at the purchase price of $4,500,000 plus accrued interest, if any, from the date of the Bond to the date of delivery thereof and payment therefor. The Bond will be delivered in registered form. Payment for the Bond by the Purchaser and delivery thereof by the Authority shall be made at the offices of the Authority in Trenton, New Jersey, or at such other place in the State as the Authority and the Purchaser mutually agree. The offering of the Bond has not been registered under the Securities Act of 1933, as amended, and this Bond Agreement has not been qualified under the Trust Indenture Act of 1939, as amended. The Bond may not be offered or sold by the Purchaser in contravention of said acts.

The Bond. 4.1 The Council guarantees payment to the Landlord of such sums payable in accordance with this Agreement (the Bond) 4.2 The maximum financial protection provided to the Landlord (the Maximum Amount Payable) is not to exceed One Thousand and Five Hundred Pounds (£1,500) at the date this agreement is signed. The Bond is provided against any uninsurable loss or damage for which the tenant of the Property is responsible and which occurs in rooms exclusively occupied by the Tenant. The Bond does not apply to communal areas in the Property. For the avoidance of doubt, whether or not the sum due in respect of damage exceeds the Maximum Amount Payable, the Council will only pay the Maximum Amount Payable. The Landlord must pursue the tenant directly for amounts recoverable in excess of the Maximum Amount Payable. 4.3 The Maximum Amount Payable will not be increased in accordance with any increases in rent, which may take place after the tenancy has been entered into.