Bond Period definition
Examples of Bond Period in a sentence
An “Insured Loss” is a loss insured under the Bond and discovered by a Party during the Bond Period.
This bond applies to loss discovered by the Insured during the Bond Period.
The Company's total liability for any loss discovered during such additional period of time is part of, and not in addition to, the Single Loss Limit of Insurance or the Aggregate Limit of Insurance, whichever is less, of the Bond Period that terminates immediately preceding the effective date of such additional period.
All of the Underlying Insurance shall be maintained during the Bond Period in full effect.
It is understood and agreed that this bond is amended by adding the following Insuring Agreement Loss by reason of any claim first made against the Insured during the Bond Period by a Title Underwriter A.
No amendment to the Primary Bond during the Bond Period shall broaden or extend coverage under this Bond unless the Insurer evidences its intent to follow form to such amendment by written endorsement or rider hereto.
The Insurer shall be notified in writing as soon as practicable if any Underlying Insurance is terminated or cancelled during the Bond Period.
As soon as possible following the Closing, and in any event within the Bond Period, the Buyer shall replace all such outstanding bonds with substitute bonds, letters of credit or other financial assurances acceptable to the Bureau of Land Management or the other authorities which require or have jurisdiction over such bonds.
At the conclusion of the Security Bond Period, any unused portion of the Security Bond is to be paid to the Franchisee.
Schedule B Bond Period: October 31, 2007 - October 31, 2008 Bond: Bond No. 87152017B issued by ICI Mutual Insurance Company Limit of Liability: $75,000,000 Primary Coverage Allocable to Each Insured Amount($) Deductible($) ---------- ------------- Companies Banc of America Funds Trust..........................