Bid Bonds definition

Bid Bonds means bonds or other credit support provided by the Borrower in respect of bids made by the Borrower for contracts to build satellites and related components.
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Bid Bonds means those Company Surviving Supported Arrangements listed on Schedule D .
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Bid Bonds means those Company Surviving Supported Arrangements listed on Schedule D.
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Examples of Bid Bonds in a sentence

  • Bid Bonds should be furnished on forms accepted as standard by the insurance industry, but shall be substantially in accordance with the Bid Security Form attached hereto.

  • If the guarantee per- centage is not fixed by the Investment Act, it is determined by OSG after con- sidering, among other things, the rat- ing or ranking assigned to the Surety by recognized authority, and the Sure- ty’s Loss rate, average Contract amount, average bond penalty per guaranteed bond, and ratio of Bid Bonds to Final Bonds, all in compari- son with other Sureties participating in the same SBA Surety Bond Guar- ▇▇▇▇▇ Program (Prior Approval or PSB) to a comparable degree.

  • Bid Bonds, Performance/ Payment Bonds over Five Hundred Thousand Dollars ($500,000.00): Each bond must be executed by a surety company of recognized standing, currently authorized to do business in the State of Florida as surety, having a resident agent in the State of Florida and having been in business with a record of successful continuous operation for at least five (5) years.

  • Bid Bonds and Final Bonds are eligible for an SBA guarantee if they are executed in con- nection with an eligible Contract, as defined in § 115.10, Definitions.

  • Attorneys-in-fact who sign Bid Bonds or Contract Bonds must file with each Bond a certified and effectively dated copy of their power of attorney.

  • Bid Bonds will not be returned unless otherwise requested by ▇▇▇▇▇▇.

  • The City shall return or release all unsuccessful Bidders’ Bid Bonds within forty-five (45) days after the successful Bidder has been awarded the Agreement by the Airport Commission.

  • The Bid Bonds submitted by the Purchaser to the Seller are, as of the date of their issuance, legal, valid and enforceable by the Seller in accordance with their respective terms.

  • The Purchaser has procured the Bid Bonds in favour of the Seller and such bonds shall remain in full force and effect according to the terms thereof until and including the Closing Date, unless sooner released pursuant to this Agreement.

  • Bid Bonds (if required by Schedule A) must be submitted with the Bid, but in a separate sealed envelope, also as identified above.


More Definitions of Bid Bonds

Bid Bonds means the First Bid Bond and the Second Bid Bond, submitted by the Purchaser to the Seller as the beneficiary thereof, and open for a period of 60 days from the date of submission of the Purchaser's final bid in respect of the Contemplated Transaction, and Bid Bond means either of them.
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Bid Bonds means bonds with respect to the bid of a contract for services to be rendered, such bonds being secured from a surety company, to insure the performance of the bid.
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Related to Bid Bonds

  • Bid Bond means the unconditional and irrevocable bank guarantee to be submitted along with the Bid by the Bidder under Clause of this RFP, in the prescribed Format;

  • Bank Bonds means any Bonds registered in the name of the Liquidity Facility Provider pursuant to Section 7.8(b) of this 2017 Series A/B Indenture.

  • Voting Bonds means the Outstanding Bonds less the Issuer’s Bonds.

  • Covered Bonds means any and all the covered bonds (obbligazioni bancarie garantite) issued or to be issued by the Issuer pursuant to the terms and subject to the conditions of the Programme Agreement.

  • Series 2020 Bonds means, collectively, the Series 2020A Bonds and the Series 2020B Bonds.