Bonding Companies definition
Bonding Companies means, collectively, Safeco Insurance Company and each other insurance or bonding company that issued Bonds pursuant to the Bond Indemnity.
Bonding Companies means, individually and collectively, the USF&G Companies, Frontier, any Person who may at any time hereafter provide Bonds for the benefit of Borrower or its Subsidiaries and their respective successors and assigns; PROVIDED, THAT, as to any such Person (other than the USF&G Companies, Frontier and their respective successors and assigns), (a)Borrower shall give Agent prior written notice of the intention of Borrower to enter into such arrangements with such other Person and (b) the Indebtedness of Borrower or any of its Affiliates to such other Person shall be permitted under Section 7.3(i) hereof.
Examples of Bonding Companies in a sentence
Guarantor hereby agrees to cause the issuance of any and all Letters of Credit for the benefit of Bonding Companies at Lime’s request, up to an aggregate amount of $10,000,000.