Surety definition

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

Surety means any corporation that executes, as Surety, the Contractor's Bid Bond, Payment Bond and Performance Bonds securing the performance of this Contract.

Surety means a company that is duly certified to do business in the State of New Jersey and that is qualified to issue bonds in the amount and of the type and character required by these specifications.

Examples of Surety in a sentence

The MTC, may, by written order to Vendor at any time, and without notice to any Surety, require Vendor to stop all or any part of the work called for by this contract.
The letter must be issued from Vendor’s Surety companies, on surety company letterhead, must specify the maximum bonding capacity of the Vendor, and must be signed by an authorized representative of the surety company.
Termination of the Contract, or portion thereof, shall not relieve the Contractor of its contractual responsibilities for work completed and shall not relieve the Contractor’s Surety of its obligation for and concerning any just claim arising out of the work performed.
If Contractor fails to reimburse City for the actual costs, Contractor’s Surety shall be liable for the cost thereof.
Maintain their Insurance Policies and Programs and Surety Bond Program and (B) Honor all Obligations with Respect thereto, (II) Modifying Automatic Stay with Respect to Workers’ Compensation Programs, and (III) Granting Related Relief [Docket No. 104].

Surety means the individual or entity committing to provide any of the bonds identified in the RFP.

Surety means an entity licensed under state insurance laws

Surety means an entity licensed under state insurance laws or by the state department of licensing, to write corporate, property, or probation bonds within the state, and justified and approved by the superior court of the county having jurisdiction of the case;

Surety means the person, firm, partnership, corporation, limited liability company or other entity that has the requisite authority to execute the bonds required from the Contractor.

Surety means the bonding company or corporate body which is bound with and for the Contractor, and which engages to be responsible for the Contractor and his acceptable performance of the Work and payment of subcontractors and suppliers.