Bondsman definition

Bondsman means (A) any person engaged in the bonding business that has satisfied the requirements for, and is duly licensed as, an insurance producer with a property and casualty line of authority as set forth by the Insurance Commissioner and §33-12-1, et seq. of this code; or (B) any person who is approved and licensed under the provisions of this article who pledges cash or approved securities with the commissioner as security for bail bonds written in connection with a judicial proceeding and receives or is promised money or other things of value for the pledge;
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Bondsman means [any] person who for [hire or for] any compensation [deposits any cash or bonds or other securities, or] executes as surety or cosurety any bond [for other persons].
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Bondsman means (A) any person engaged in the bonding business that has satisfied
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Examples of Bondsman in a sentence

  • The Bondsman must be advised that a formal claim on the Bond may be lodged once the financial position is known.

  • If applicable, a letter together a copy of the notice of re-entry posted on the Site shall be sent to the Bondsman by registered post advising him that the Site and the Works have been re-entered.

  • Renewal applications for a Professional Bail Bond Company or for a Professional Bail Bondsman license received after December 31 will be treated as applications for initial license.

  • On expiry of the Maintenance Period and after the financial position of the Contract have been ascertained, a Final Statement shall be issued to the defaulting Contractor and copied to CTA(F), DEVB and the Bondsman.

  • Rule 27.5. Exoneration of Bondsman After ForfeitureThe surety in an appearance bond shall not be relieved from the liability of said bond except upon the filing of a written motion and the entering of an order by the court or one of the judges thereof exonerating said bondsman and payment of all accrued costs.

  • This Bond shall be governed by and construed according to the laws for the time being in force in Kenya and the Bondsman agrees to submit to the jurisdiction of the courts in Kenya.

  • The Bondsman shall upon demand made by KPLC in writing but otherwise without proof or conditions (both as to the default and the amount claimed) pay an amount up to and equal to the Bonded Sum.

  • Page E-24, Table E-11 includes reference to footnote #30 for cavity weight, condition factor, and gonadal index.

  • KPLC and the Bondsman may change their respective nominated addresses for service of documents to another address in Nairobi but only by prior written notice to each other.

  • This may include determination of the expenses and damages incurred by the Government, assessment of any sources from which money may be recovered, establishment of debt or recovery of money by set-off from other contracts etc.On expiry of the Maintenance Period and after the financial position of the Contract have been ascertained, a Final Statement shall be issued to the defaulting Contractor and copied to CTA(F), DEVB and the Bondsman.


More Definitions of Bondsman

Bondsman or “bail bondsmen” means any person:
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Bondsman means any person engaged in the bonding business who is approved and licensed under the provisions of this article who pledges cash or approved securities with the commissioner as security for bail bonds written in connection with a judicial proceeding and receives or is promised money or other things of value for the pledge;
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Bondsman means any person engaged in the bonding business who is approved and
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Related to Bondsman

  • Bond means a debt instrument (Sw. skuldförbindelse) for the Nominal Amount and of the type set forth in Chapter 1 Section 3 of the Financial Instruments Accounts Act and which are governed by and issued under these Terms and Conditions, including the Initial Bonds and any Subsequent Bonds.

  • Bonds means any bonds (including refunding bonds), notes, interim certificates, certificates of indebtedness, debentures or other obligations.

  • Bondowner or “Owner” means the person or persons in whose name or names any Bond or Parity Bond is registered.

  • Person means any natural person, corporation, limited liability company, trust, joint venture, association, company, partnership, Governmental Authority or other entity.

  • Lease means a transfer of the right to possession and use of goods for a term in return for consideration, but a sale, including a sale on approval or a sale or return, or retention or creation of a security interest is not a lease. Unless the context clearly indicates otherwise, the term includes a sublease.

  • Capitalized Lease of a Person means any lease of Property by such Person as lessee which would be capitalized on a balance sheet of such Person prepared in accordance with Agreement Accounting Principles.

  • Capital Lease means, as applied to any Person, any lease of any property (whether real, personal or mixed) by that Person as lessee that, in conformity with GAAP, is or should be accounted for as a capital lease on the balance sheet of that Person.

  • Finance Lease means any lease or hire purchase contract which would, in accordance with the Accounting Principles, be treated as a finance or capital lease.

  • Bondholder means the Person who is registered on a Securities Account as direct registered owner (Sw. ägare) or nominee (Sw. förvaltare) with respect to a Bond.

  • Mortgage shall have the meaning assigned to such term in the recitals.

  • Indenture means this Indenture, as amended or supplemented from time to time.

  • Bond Register means the books for the registration, transfer and exchange of Bonds kept at the office of the Bond Registrar.

  • Surety Ambac, or its successors in interest, or such other surety as may be identified in the Series Supplement.

  • Bond Insurer means any insurance company which issues a municipal bond insurance policy insuring the payment of principal of and interest on the Refunding Bonds.

  • Securitization means one or more sales by a Note Holder of all or a portion of such Note to a depositor, who will in turn include such portion of such Note as part of a securitization of one or more mortgage loans.

  • Deed means a quitclaim deed(s) substantially in the form set out in the attached Exhibit C.

  • Bank Bonds means any Bonds purchased with moneys received under the Letter of Credit in connection with a Liquidity Drawing and held by the Tender Agent, or its agent, in each case, for the account of the Issuing Bank.

  • Bondholders Meeting" means a meeting among the Bondholders held in accordance with Clause 17 (Bondholders’ Meeting).

  • Capitalized Leases means all leases that have been or should be, in accordance with GAAP, recorded as capitalized leases.

  • Security Company means an entity which provides or purports to provide the transport of Property by secure means, including, without limitation, by use of armored vehicles or guards.