Surety Letter definition

Surety Letter means a letter from a surety company confirming a Respondent Team Member’s ability to obtain a performance bond and payment bond in respect of the Project and meeting the requirements of Section 4.11 (Surety Letter).
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Examples of Surety Letter in a sentence

  • Surety Letter - Hartford - Way Engineering - General Pre- Qualification.pdf If proposing on Part 2, Vendor is required to upload a Bonding Capacity Letter from its surety, as described herein, at this location.

  • Please find Spacesaver's Consolidated Financial Statements for the past 3 years, Surety Letter and a copy of our current insurance certificate attached for your review – reference folder labeled Financials.

  • Section 2.04(d) of the DIP Credit Agreement is amended by adding the following sentences at the end thereof: "; provided that, nothing in this sentence shall be construed to prohibit any Borrower from obtaining any Surety Letter of Credit to support any Hanover Bond, subject to the conditions herein set forth (including, without limitation, the provisions of Sections 2.04(a)(v) and 2.04(b)(v), Section 2.28 and Article 4).

  • The Contractor shall provide the City with a letter of approval for contract closure from any surety furnishing bonds for the Work provided on AIA Form G707 (Consent of Surety Letter) or equivalent form.

  • The Contractor shall provide the City with a letter of approval for contract closure from any surety furnishing bonds for the Work provided on AIA Form G707 (Consent of Surety Letter).

  • Please find KI's Condensed, Consolidated balance sheet for 2021/2022, Surety Letter and a copy of our current insurance certificate for your review.

  • Notwithstanding paragraph 2 of the Cash Management Protocol, to the extent that a Borrower has a Reimbursement Obligation to a Fronting Bank as a result of a draw under a Surety Letter of Credit issued for the account of such Borrower (an "Obligated Borrower"), such Obligated Borrower may borrow under the DIP Credit Agreement on a non-pro rata basis for the purpose of obtaining funds to pay such reimbursement obligation, subject to meeting the conditions to borrowing set forth in the DIP Credit Agreement.