Examples of Substitute Bonds in a sentence
Substitute Bonds shall conform to all requirements and sums established for the original Bonds.
Substitute Bonds shall be furnished within ten (10) days after notice from Summit County.
Substitute Bonds shall be furnished within 10 days after notice from the Contracting Agency.
The foregoing statement does not in any way alter or change the DCR and LTV requirements for Substitute Bonds specified in Section 3.19 hereof.
As for the Substitute Bonds, the Client shall be committed to remunerate the Company for the price it paid for purchasing those Bonds.
As for the purchased Bonds (other than the Substitute ones), the client shall be committed to pay the difference of prices that was paid by the Company to buy Substitute Bonds over the repurchased bonds.
In breach Second: In case the client is in breach: The other party (the Company) may purchase Bonds (Substitute Bonds) of the same denomination and values of those repurchased and were not delivered as required from the party in breach (the Client) to the other party (the Company).