Replacement Bond definition

Replacement Bond means Bonds issued to Beneficial Owners in accordance with Section

Replacement Bond means a Contractor’s Bond that:

Replacement Bond a bond substantially in the form of this Agreement with an authorised person or firm as defined in Schedule 2 Part 3 paragraph 7 of the Regulations;

Examples of Replacement Bond in a sentence

• Within 14 days of receipt of a Replacement Bond, the Principal shall release the Contractor and the surety from their liability under the previous bond.

• Where the Contractor is required to provide a Replacement Bond, the Principal will not be liable to make any further payments under the Contract until the Contractor has delivered the Replacement Bond to the Principal.

• Tree Replacement and Tree Replacement Bond for Preservation of Trees on Developed or Adjacent Property (Post Master Certificate of Occupancy Permit)1) Tree Replacement.

• Any such Replacement Bond shall be executed and authenticated as provided in this Indenture.

• The Trustee shall in any case forthwith credit to the Principal Account, and/or cause the Depositor to deposit in the Principal Account, the difference, if any, between the purchase price of the failed Contract Bond and the purchase price of the Replacement Bond, together with any sales charge and accrued interest applicable to such difference and distribute such moneys to Unitholders pursuant to Section 3.05.

More Definitions of Replacement Bond

Replacement Bond means a Contractor’s Bond that: is from a bank registered in New Zealand, or where the surety is not a bank registered in New Zealand, from a surety with a minimum Standard & Poor’s long term unsecured credit rating of A; is from a surety that has an office or location within New Zealand where it is possible to call on the bond; complies with the form set out in Schedule 3; is for an amount equal to 5% of the Contract Price; and is properly executed by the Contractor and the named surety School Means the board of trustees of the school named in the Special Conditions acting by and through its duly authorised representative Weathertightness Requirements Means the requirements set out in the document titled "Weathertightness Design Requirements for New School Buildings" (Version 3.0, September 2020) as amended from time to time Refer: xxxxx://xxxxxxxxx.xxxx.xx/assets/Documents/Primary-Secondary/Property/Design/Weathertightness-Design-Requirements-25-September-2020.pdf

Replacement Bond means a Bond issued to an Owner in accordance with Section 207

Replacement Bond a bond or an indemnity in a form approved by the Administering Authority and the Scheme Employer to secure the payment of the Scheme Liabilities.

Replacement Bond has the meaning specified in Section 6.07.

Replacement Bond means a Bond purchased by the Trustee pursuant to Section 3.14 hereof.

Replacement Bond means each bond or other surety arrangement obtained by Purchaser on behalf of any Company in replacement of an Existing Bond.

Replacement Bond a bond or an indemnity in a form approved by the