Completion Bond Sample Clauses

Completion Bond. Before any major work of construction, alteration or repair is commenced on the Premises, the Lessee shall furnish City a completion bond from a responsible surety company, licensed to do business in California, in an amount not less than the cost of the improvements to be constructed, and which shall remain in effect until the entire cost of the work shall have been paid in full and the new improvements shall have been insured as provided in this Lease Agreement. The bond shall state the following:

Completion Bond. If the Developer completes the Work and desires service prior to the District's acceptance of the Extension, the District, at its sole option and as a condition of service, may require the Developer to provide a cash Completion Bond in a form and amount acceptable to the District, which shall be deposited with the District to ensure that the Developer shall complete the Extension so that it may be accepted by the District. Should the Developer fail within a reasonable time to complete the Extension so that it may be accepted, the District, in its sole discretion, shall cause the Extension to be completed, the costs of which shall be paid out of the Completion Bond. If the costs to complete the Extension exceed the amount of the Completion Bond, the Developer shall, within ten (10) days of a written invoice from the District, reimburse the District the amounts invoiced. If the costs to complete the Extension are less than the amount of the Completion Bond, the remainder shall be paid over to the Developer after the District has received all necessary releases and certificates.

Completion Bond. MSR shall secure and pay for a Project completion bond (“Completion Bond”) ensuring full and complete completion of the Project in accordance with the Final Project Design, as documented by Final Acceptance. The Completion Bond shall be issued by a surety company admitted and licensed in the State of Washington and possessing an A.M. Best’s policyholder’s rating of A or better and a financial rating of no less than VIII. The Completion Bond shall be executed on a form approved by the Director. The City and SPS shall each be identified as obligees on the Completion Bond (by way of a dual obligee rider or otherwise).

Completion Bond. Tenant shall deliver to the Port a contractor’s completion bond (or, in lieu of a completion bond, a payment and performance bond in the full amount of any construction contract) of a surety company licensed to do business in the State of Washington, running to the Port conditioned on the completion of the Project in accordance with the Final Plans and the provisions of this Agreement, free and clear of all mechanics’ or other liens and free and clear of all financing statements under the Uniform Commercial Code. This bond shall be in an amount equal to the costs of construction for the Project and in a form and written by a company as the Port shall approve, which approval the Port shall not unreasonably withhold.

Completion Bond. The relevant Entertainment Company or Unaffiliated Production Company has in effect a completion bond guaranteeing the completion and delivery of each Film In Progress according to its terms.

Completion Bond. At any time, Tenant either desires to or is --------------- required to make any repairs, alterations, additions, improvements or utility installations thereon, pursuant to Articles 7.5 or 9.2 herein or otherwise, Landlord may at its sole option, require Tenant, at Tenant's sole cost and expense, to obtain and provide to Landlord a lien and completion bond in an amount equal to one and one-half (1-1/2) times the estimated cost of such improvements, to insure Landlord against any liability for mechanic's and materialmen's liens and to insure completion of the work.

Completion Bond. Unless a payment and performance bond is provided in accordance with Section 5.5, Lessee shall deliver to Lessor a contractor's completion bond (the completion bond or alternatively, the payment and performance bond required in this Lease are referred to as the "Bond") of a surety company licensed to do business in the State of North Carolina, running to Lessor as obligee conditioned on the completion of the Parking Improvements in accordance with the Final Plans and the provisions of this Lease, free and clear of all mechanics' or other liens and free and clear of all financing statements under the Uniform Commercial Code. This bond shall be in an amount and in a form and written by a company approved by Lessor, which approval Lessor shall not unreasonably withhold.

Completion Bond. At any time, Tenant either desires to or is required to make any repairs, alterations, additions, improvements or utility installations thereon, pursuant to Articles 7.5 or 9.2 herein or otherwise, Landlord may at its sole option, require Tenant, at Tenant's sole cost and expense, to obtain and provide to Landlord a lien and completion bond in an amount equal to one and one-half (1-1/2) times the estimated cost of such improvements, to insure Landlord against any liability for mechanic's and materialmen's liens and to insure completion of the work.

Completion Bond. The Parties acknowledge and agree that Seller has in place a completion bond in favor of the County of Henrico in the original amount of approximately Two Hundred Twenty-One Thousand Six Hundred and No/100 Dollars ($221,600.00) (the “Bond”), which Bond secures certain obligations relating to improvements to be completed on the Property. From and after the Closing, Seller and Buyer hereby agree to reasonably cooperate with one another to allow Buyer to replace the Bond and transfer the obligations with respect to the Bond, to the extent accruing after the Closing Date, to Buyer. The provisions of this Section 6 shall survive the Closing.