Common Contracts
1 similar Collateral Security Agreement contracts
COLLATERAL SECURITY AGREEMENT AND RECEIPTCollateral Security Agreement • November 14th, 2012
American Contractors Indemnity Company, U. S. Specialty Insurance Company, United States Surety Company and/or Texas Bonding Company (hereinafter, collectively, the “Surety”) accepts the collateral transfer of the following security from the party or parties designated above as Owner(s) (hereinafter, collectively, the “Owner”) and/or the Principal(s) (hereinafter, collectively, the “Principal”). The collateral identified below (hereinafter, the “Collateral”) is deposited for the benefit of the Surety and its co-sureties, reinsurers, successors and assigns, in conjunction with an application for bonding credit, for good consideration, and under the agreements and upon the conditions hereinafter stated:
