Bonded Contract definition

Bonded Contract means any existing or future contract in respect of which any Bond is issued on behalf of any Principal.
Bonded Contract means any Government Contract, or any task order issued under or in connection with a Government Contract, with respect to which the Borrower’s performance is guaranteed by a performance bond issued by a surety company.
Bonded Contract means any prepetition or postpetition contract under which a Debtor has contracted to provide goods, services, materials or equipment, and for which a Surety has provided a Bond.

Examples of Bonded Contract in a sentence

  • No Loan Party is subject to any Bonded Contract except as disclosed on Schedule 5.33 to the Information Certificate.

  • Indemnitors’ obligations to Surety shall not be waived or reduced by any claim, setoff, defense, or other right or cause of action which Indemnitors and/or Surety may hold against any person or entity or which may be asserted by any Principal, Indemnitor or any other person or entity arising from or related to any Bonded Contract, any Bond, this Agreement, other agreements, by law or otherwise.

  • Surety has the right to offset Loss on any Bonded Contract against proceeds, funds, real property or personal property under any other Bonded Contract or otherwise available to Surety under this Agreement.

  • Upon the occurrence of any Event of Default, in addition to other remedies provided herein, Surety is authorized and empowered, but is not obligated to take possession of the Work under any Bonded Contract and at the expense of Indemnitor to complete or to contract for the completion of the same, or to consent to the reletting of the completion thereof by, or to take such other steps as in the discretion of Surety may be advisable or necessary to obtain its release or to avoid Surety Loss.

  • Generally, they can tell that the character is trying to interact with the target board.Embodied Intersubjectivity Similar to social presence, The Accentuation method (mean: 5.33) showed better results than the Ground Truth method (mean: 5.17), and slightly worse than the Final IK method (mean: 5.83).


More Definitions of Bonded Contract

Bonded Contract means the contracts listed on Schedule 5.18 and any future contract in respect of which any Surety Bond is issued on behalf of any Borrower.
Bonded Contract has the meaning specified in the Surety Intercreditor Agreement.
Bonded Contract means an agreement of Indemnitors, or any other indemnitor under any of the Indemnity Agreements, for which Surety executes a Bond, procures a Bond, assumed the obligations of a Bond, or has guaranteed performance.
Bonded Contract means a contract entered by a Subsidiary Loan Party in the ordinary course of business with a customer for the provision, lease or sale to such customer of equipment, software, products or services in connection with which a Surety Bond has been issued by a surety to support a Subsidiary Loan Party’s obligation under such contract.
Bonded Contract means any Contract in connection with which a Bond shall have been issued or procured.
Bonded Contract means that certain agreement dated February 18, 1997
Bonded Contract means any and all contracts of the Acquired Companies now or hereinafter bonded by Travelers or its affiliate companies for the benefit of any Acquired Company; “Bonded Contracts” means the collective reference to all Bonded Contracts.