Corporate surety bond definition

Corporate surety bond means a bond signed by the timber buyer as principal and a corporate surety authorized to engage in the business of executing surety bonds within Iowa.
Corporate surety bond means a bond issued by a person authorized to issue bonds in the state of Colorado with the public trustee as obligee, conditioned against the delivery of an original evidence of debt to the damage of the public trustee.
Corporate surety bond means a bond issued by a

Examples of Corporate surety bond in a sentence

  • Corporate surety bond in a sum not less than 100 percent of the Contract Sum, to guarantee payment of wages for services engaged and of bills contracted for materials, supplies, and equipment used in performance of Contract (see Exhibit E Payment Bond).

  • Corporate surety bond in a sum not less than 100 percent of the Contract Sum, to guarantee faithful performance of Contract (see Exhibit D Performance Bond).

  • Security can be furnished in the following forms: Corporate surety bond, Letter of Credit, certified check, cashier's check, personal check, money order, or by signing a Cutting Block Payment Agreement for individual cutting blocks, at least one business day prior to the start of any permit operations.

  • Security can be furnished in the following forms: Corporate surety bond, certified check, cashier's check, personal check, money order, or by signing a Cutting Block Payment Agreement for individual cutting blocks, at least one business day prior to the start of any permit operations.

  • Corporate surety bond, in the form of Attachment “C” to this Contract, in a sum not less than 100% of the Contract Price, to guarantee faithful performance of Contract (“Performance Bond”).

  • Corporate surety bond, in the form of Attachment “D” to this Contract, in a sum not less than 100% of the Contract Price, to guarantee payment of wages for services engaged and of bills contracted for materials, supplies, and equipment used in performance of Contract (“Labor and Material Bond”).

  • Corporate surety bond - A contractual arrangement between the surety, the principal and oblige whereby the surety agrees to protect the oblige if the principal defaults in performing the principal’s contractual obligations.

  • Corporate surety bond, in the form of Document 00620 (Construction Labor and Material Payment Bond), in the penal sum of 100% of the Contractor’s Bid as accepted, to guarantee payment of wages for services engaged and of bills contracted for materials, supplies, and equipment used in performance of Contract Documents.4.1.B. Sureties shall be satisfactory to District.

  • Corporate surety bond means an indemnity agreement executed by or for the Lessee and a corporate surety licensed to do business in the state of Idaho on a Department Oil and Gas Lease Bond form, conditioned in accord with Subsection 080.01 and payable to the state of Idaho.

  • Corporate surety bond, in the form of Document 00620 Labor and Material Bond, in a sum not less than 100 percent of amount of Contract, to guarantee payment of wages for services engaged and of bills contracted for materials, supplies, and equipment used in performance of Contract ("Labor and Material Bond").

Related to Corporate surety bond

  • Surety Bond means a bond from a Bond company with a credit rating by AMBEST better than a “B”. The bonding company shall be certified to issue bonds in a state in which this Agreement is approved.

  • Mortgage guaranty insurance means surety insurance under which a mortgagee or other creditor is indemnified against losses caused by the default of a debtor.