Bond and Undertaking definition

Bond and Undertaking means the bond and undertaking to be provided by the Operating Company to the Scottish Ministers described in this Schedule 1 Conditions of Contract, Clause 2 Operating Company’s Main Responsibilities, 2.11 Sureties Including Bond and Undertaking & Parent Company Guarantee.
Sample 1Sample 2Sample 3
Bond and Undertaking means the bond and undertaking that may be provided by the Contractor to the Employer pursuant to Clause 10;
Sample 1

Examples of Bond and Undertaking in a sentence

  • The bonds must comply with California Civil Code sections 9550 and 9554 and applicable provisions of the California Bond and Undertaking Law (Cal.

  • The Bond and Undertaking Law (Chapter 2 (commencing with Section 995.010) of Title 14 of Part 2 of the Code of Civil Procedure) applies to a bond given under this part, except to the extent this part prescribes a different rule or is inconsistent.

  • Bidders are required to use the Region’s approved forms in order to ensure that all Regional bonding requirements are met.If you receive your digital Bid Bond and Undertaking to Bond in one .pdf document you should upload the complete document in both the Bid Bond field and the Undertaking to Bond field on the Bonding tab.

  • Digital Bonding Requirements The Bid Bond and Undertaking to Bond must be in an acceptable digital format and shall be from a recognized guarantee or surety company acceptable to the Region, and authorized by law to do business in the Province of Ontario.For a bond to be an acceptable digital bond it must meet all of the following requirements*: 1.

  • Failure of Contractor to timely deliver these documents shall require the District to refrain from entering the agreement, as Contractor will be deemed to have failed to ensure the sufficiency of the Insurer or Surety to the satisfaction of the District, as required by the provisions of the Bond and Undertaking Law, Code of Civil Procedure 995.660.

  • In 1982, the Legislature clarified the law governing statutory bonds and undertakings by enacting the Bond and Undertaking Law, which is codified in Code of Civil Procedure sections 995.010 through 995.560.

  • The Bond and Undertaking Law, Chapter 2 (commencing with Section 995.010) of Title 14 of Part 2 of the Code of Civil Procedure, applies to a bond given under this part, except to the extent this part prescribes a different rule or is inconsistent.

  • The Bond and Undertaking Statutes violate a prospective plaintiff’s due process rights because they require the courts to engage in an impossible, speculative, arbitrary guess about what fees will be incurred in the future.[T]he bond requirement statutes are distinguishable from statutes that award a prevailing party reasonable attorney’s fees at the conclusion of a case.

  • The bond shall specifically provide that if the Contractor fails to pay the surety or sureties will pay for the same in an amount not exceeding the amount specified in the bond and in case suit is brought against Omnitrans, that the surety will undertake the defense of same.Pursuant to California Civil Code 9550 et seq., in conjunction with the Bond and Undertaking Law (Code of Civil Procedure, Part 2, Title 14, Section 995.010, et.

  • On Non-Judicial Stamp paper of Rs. 100 & Notarised) (To be submitted along with Application Form)This Indemnity Bond and Undertaking executed on this day of 200_ by Smt./Sri S/o/W/o Age Occupation R/o Herein after called the FIRST PARTY which term shall include their legal heirs, successors, assignees, agents, representatives and tenants.

Related to Bond and Undertaking

  • Affidavit and Undertaking means the affidavit and undertaking provided by the Bidder substantially in form and manner as annexed in Annexure I hereto;

  • insurance undertaking means an insurance undertaking as defined in Article 13, point (1), of Directive 2009/138/EC;

  • reinsurance undertaking means reinsurance undertaking as defined in point (4) of Article 13 of Directive 2009/138/EC;

  • related undertaking means any undertaking in which any person has a

  • L/C Undertaking has the meaning set forth in Section 2.12(a).

  • Disclosure Undertaking means the Continuing Disclosure Undertaking, dated as of the Dated Date, relating to certain obligations contained in the SEC Rule.

  • Standard Securitization Undertakings means representations, warranties, covenants and indemnities entered into by the Borrower or any Subsidiary of the Borrower that are customary in a Securitization Financing.

  • Guarantee and Security Agreement means that certain Guarantee and Security Agreement dated as of the Effective Date among the Borrower, the Administrative Agent, each Subsidiary of the Borrower from time to time party thereto, each holder (or an authorized agent, representative or trustee therefor) from time to time of any Secured Longer-Term Indebtedness or Secured Shorter-Term Indebtedness, and the Collateral Agent.

  • Written agreement means a written agreement made pursuant to section 8. A written agreement may address new jobs, qualified new jobs, full-time jobs, retained jobs, or any combination of new jobs, qualified new jobs, full-time jobs, or retained jobs.

  • Final Agreement means the agreement signed and ratified by the Parties at the end of Stage 5 of the BCTC Process.

  • Performance Undertaking means that certain Performance Undertaking, dated as of the Closing Date, by Performance Provider in favor of Seller, substantially in the form of Exhibit XI, as the same may be amended, restated, supplemented or otherwise modified from time to time.

  • Guaranty and Security Agreement means a guaranty and security agreement, dated as of even date with this Agreement, in form and substance reasonably satisfactory to Agent, executed and delivered by each of the Loan Parties to Agent.

  • Loan and Security Agreement “thereunder”, “thereof” or similar words referring to the Loan Agreement shall mean and be a reference to this Agreement and (b) each reference in the Financing Agreements to a “Note” or “Revolving Credit Note” shall mean and be a Revolving Credit Note as defined in this Agreement.

  • Facility Agreement means the Facility Agreement referred to in Recital (A).

  • Second Lien Security Agreement means the “Security Agreement” as defined in the Second Lien Credit Agreement.

  • Undertaking means any natural or legal person, whether profit-making or not, or any official body whether having its own personality or not;

  • Continuing Disclosure Undertaking means the Continuing Disclosure Undertaking of the Issuer, in substantially the form attached hereto as Exhibit 1, dated the Closing Date, for the purpose of providing continuing disclosure information under Rule 15c2-12 adopted by the Securities and Exchange Commission under the Securities Exchange Act of 1934, as may be amended from time to time.

  • Undertaking Letter The letter in substantially the form set forth in Exhibit C of the Trust Agreement.

  • Facility Agreements means the agreements of that name between the Issuer and different

  • Borrower Security Agreement means the Security Agreement, dated as of the date hereof, between Borrower and the Agent.

  • Financial Agreement means an agreement that meets the

  • Guarantor Security Agreement means any security agreement executed by any Guarantor in favor of Agent securing the Obligations or the Guaranty of such Guarantor, in form and substance satisfactory to Agent.

  • Other Creditors shall have the meaning provided in the recitals of this Agreement.

  • the obligors on a note means "the obligor or obligors on a note"). "Until [something occurs]" does not imply that it must occur, and will not be modified by the word "unless." The word "due" and the word "payable" are each used in the sense that the stated time for payment has passed. The word "accrued" is used in its accounting sense, i.e., an amount paid is no longer accrued. In the calculation of amounts of things, differences and sums may generally result in negative numbers, but when the calculation of the excess of one thing over another results in zero or a negative number, the calculation is disregarded and an "excess" does not exist. Portions of things may be expressed as fractions or percentages interchangeably.

  • General Security Agreement means the general security agreement dated on or about the date hereof given by Borrower in favour of Lender in respect of the Obligations.

  • Pledge and Security Agreement means the Pledge and Security Agreement to be executed by Company and each Guarantor substantially in the form of Exhibit I, as it may be amended, supplemented or otherwise modified from time to time.