Examples of Bond in a sentence
The Board shall offer employees the opportunity to participate in the Canada Savings Bond payroll deduction plan.
Notwithstanding anything to the contrary in the Contract, the Payment (Labor and Material) Bond and the Performance Bond are not applicable to the Performance Guarantee in Exhibit “B,” nor to any equipment and/or material manufacturer’s warranty or other third-party warranty being assigned to District.
If required by law or otherwise specifically requested by City in Exhibit "C" attached hereto and incorporated herein by reference, Contractor shall execute and provide to City concurrently with this Agreement a Payment Bond in the amount of the total, not-to-exceed compensation indicated in this Agreement, and in a form provided or approved by the City.
The Designer/Builder shall not commence the Work until it has provided to the District, on District forms a Payment (Labor and Material) Bond and a Performance Bond, each in an amount equivalent to 100 percent of the Contract Value issued by a surety admitted to issue bonds in the State of California and otherwise reasonably acceptable to the District.
Samples of the bonds are included as EXHIBIT B – Payment Bond & Performance Bond Public Works and Maintenance Agreement (REV.