Permit Bond definition
Examples of Permit Bond in a sentence
Debtors shall convert to cash the Encroachment Permit Bond for the City of Louisville, Department of Public Utilities and, on the Effective Date, transfer the $10,000.00 in total funds from the canceled bond to the Multistate Trust Environmental Cost Account for Owned Service Stations, unless prior to the Effective Date, Debtors provide a no further action letter or statement that an Encroachment Permit Bond is no longer necessary, and the City of Louisville releases the bond.
Debtors shall convert to cash the Individual Utility Permit Bond for the Illinois Department of Transportation and, on the Effective Date, transfer the $2,000.00 in total funds from the canceled bond to the Multistate Trust Work Account for Non-Owned Service Stations.
The Bond may be Accepted in one of three ways: License and Permit Bond, Cash Bond, or Bank Letter of Credit.
TEXAS DEPARTMENT OF TRANSPORTATION Over Axle and Over Gross Weight Tolerance Permit Bond LP $ 15,000.00 $ 75.00 [12/29/2xxx] 6393369 ▇▇▇▇▇ ▇.
Superheavy/Oversize Permit Bond 6218591 ▇▇▇▇▇ ▇▇▇▇▇▇ STATE OF ARIZONA NP $ 5,000.00 $ 50.00 [08/14/2xxx] Notary Public Bond ▇▇▇▇▇▇▇ SWIFT TRANSPORTATION CO., INC.
As of the date hereof, the sum of $4,500 has been advanced by Mortgagee in connection with such License and Permit Bond and is secured hereby.