Bonding Agreement definition

Bonding Agreement means, collectively, all contractual arrangements entered into by the Borrower or any of its Subsidiaries with providers of bid, performance or payment bonds.

Bonding Agreement means, collectively, the Zurich Agreement and any supplement thereto or replacement thereof, and any similar contractual arrangement entered into by the Borrower or any of its Subsidiaries with providers of bid, performance or payment bonds.

Bonding Agreement means, collectively, the Travelers Agreement and any supplement thereto or replacement thereof, and any similar contractual arrangement with providers of bid, performance or payment bonds, each of which supplement, replacement or similar arrangement being subject to the Intercreditor Agreement.

Examples of Bonding Agreement in a sentence

• The Borrower and its Subsidiaries are in compliance in all material respects with all terms and conditions set forth in each Bonding Agreement and no default has occurred thereunder.

• No Loan Party shall modify any term of any Bonding Agreement such that the Property subject to any Lien in favor of the Bonding Company attaches to any Property not directly connected to the applicable Bond.

• The Borrower and its Subsidiaries shall (i) have available bonding capacity under one or more Bonding Agreements in an amount sufficient to operate their respective businesses in the ordinary course, and (ii) be in compliance in all material respects with all terms and conditions set forth in each Bonding Agreement and shall not permit a default to occur thereunder, as set forth in, or otherwise permitted by, Section 6.25.

• Nothing in this Plan shall diminish or impair any applicable Sureties’ indemnification rights against the Debtors or the Reorganized Debtors, or other indemnitors, subject to the limitations with respect to Black Butte as provided in the Plan and Reclamation Trust Entity Bonding Agreement.

• The Administrative Agent shall have received a fully executed Intercreditor Agreement which shall be in form and substance reasonably satisfactory to the Administrative Agent and the Lenders, and a certified copy of the Bonding Agreement in existence on the Closing Date, which shall be in form and substance reasonably satisfactory to the Administrative Agent.

More Definitions of Bonding Agreement

Bonding Agreement means any agreement evidencing or relating to any performance bonds, construction bonds or similar obligations issued by a surety or other bonding party (or any designee on its behalf) for the benefit of customers of any Loan Party and/or their Subsidiaries between such surety or other bonding party and such Loan Party or Loan Parties and/or their Subsidiaries.

Bonding Agreement means, collectively, the Argonaut Agreement and any supplement thereto or replacement thereof, the Berkley Agreement and any supplement thereto or replacement thereof, the Chubb Agreement and any supplement thereto or replacement thereof, the Liberty Agreement and any supplement thereto or replacement thereof, the Zurich Agreement and any supplement thereto or replacement thereof, and any similar contractual arrangement entered into by GLDD or any of its Subsidiaries with providers of bid, performance or payment bonds.

Bonding Agreement means, collectively, all contractual arrangements entered into by Borrower or any of its Subsidiaries with providers of surety, bid, appeal, indemnity, performance or payment bonds or other similar obligations. “Borrower” is defined in the introductory paragraph of this Agreement. “Borrowing” means the total of Loans of a single type advanced, continued for an additional Interest Period, or converted from a different type into such type by the Lenders under

Bonding Agreement means any agreement evidencing or relating to any performance bonds, construction bonds or similar obligations issued by a surety or other bonding party (or any designee on its behalf) for the benefit of customers of any Group Company and/or their Subsidiaries between such surety or other bonding party and such Group Company or Group Companies and/or their Subsidiaries.

Bonding Agreement means collectively (i) that certain General Indemnity Agreement dated as of April 7, 2015 by and among the Company, certain of the Guarantors, Argonaut Insurance Company and the other parties thereto from time to time, (ii) that certain General Agreement of Indemnity dated as of April 13, 2015 by and among the Company, certain of the Guarantors, Berkley Regional Insurance Company and the other parties thereto from time to time, (iii) that certain General Agreement of Indemnity dated as of April 7, 2015 by and among the Company, certain of the Guarantors, Westchester Fire Insurance Company (or any of its affiliates, including, but not limited to Federal Insurance Company, its successors and assigns) and the other parties thereto from time to time, (iv) that certain General Agreement of Indemnity dated as of April 7, 2015 among Liberty Mutual Insurance Company, the Company, certain of the Guarantors and the other parties thereto, and (v) that certain Agreement of Indemnity dated as of September 7, 2011 by and among the Company, certain of the Guarantors, Zurich and the other parties thereto from time to time, as amended by that certain First Rider to General Agreement of Indemnity dated as of May 31, 2012 by and among the Company, certain of the Guarantors, Zurich and the other parties thereto, in each case, including any related notes, guarantees, collateral documents, instruments and agreements executed in connection therewith, as amended, restated, modified, renewed, refunded, replaced or refinanced in whole or in part from time to time.

Bonding Agreement means the Second Amended and Restated Underwriting and Continuing Indemnity Agreement dated as of August 19, 1998 by and among Holdings, certain Subsidiaries (including, without limitation, the Company) from time to time party thereto as Indemnitors, Reliance Insurance Company, United Pacific Insurance Company, Reliance National Insurance Company and Reliance Surety Company, as the same may be amended, modified, extended, renewed, replaced, restated, supplemented, restructured or refinanced in whole or in part from time to time, and including any agreement extending the maturity of, refinancing or restructuring (including any increase in the amount of bonds available and the inclusion of additional indemnitors or guarantors thereunder that are Subsidiaries of Holdings) of all or any portion of, the indebtedness under such agreement or any successor agreements.

Bonding Agreement means, collectively, (i) the Second Amended and Restated Underwriting and Continuing Indemnity Agreement dated as of August 19, 1998 by and among the Company, the other Subsidiaries of the Company party thereto as Indemnitors, Travelers Casualty and Surety Company (as assignee of Reliance Insurance Company, United Pacific Insurance Company, Reliance National Insurance Company and Reliance Surety Company) and Travelers Casualty and Surety Company of America, as amended on June 13, 2000, April 24, 2001 and May 1, 2001, and (ii) the other agreements, documents and instruments executed and delivered pursuant to the Second Amended and Restated Underwriting and Continuing Indemnity Agreement described in clause (i) above.