Contractor’s Surety Clause Samples

Contractor’s Surety. The liability of Contractor’s surety, if any, under any surety payment bond posted for this Project is expressly understood to be co-extensive with that of the Contractor hereunder including, without limitation, that any surety on any Project shall not be liable for any payment to the Subcontractor unless and until the Contractor or its surety has been paid such amounts from the Owner on any Project, as an express condition precedent to payment to the Subcontractor. To the extent allowed by law, the terms of this Master Subcontract Agreement shall in all respects be deemed incorporated into any such payment bond as may have been posted and the question of whether or not any funds may be due or justly due to the Subcontractor, as may be referenced within any such bond, shall solely be determined by reference to this Master Subcontract Agreement. Any Surety issuing such payment bond shall be an intended beneficiary of the provisions of this Master Subcontract Agreement.
Contractor’s Surety. The Contractor shall file a copy of such consent of ▇▇▇▇▇▇, together with copy of assignment with Owner and Engineer. In case Contractor assigns all or any part of any monies due or to become due under this Contract, instrument of assignment must contain a clause substantially to effect that it is agreed that right of assignees in and to any monies due or to become due to Contractor shall be subject to prior liens and claims of all persons, firms and corporations for services rendered; for payment of all laborers and mechanics for labor performed; for payment for all materials and equipment furnished and payment for all materials and equipment used or rented in performance of the Work called for in Contract; and for payment of any liens, claims, or amounts due to governments or any of their funds.
Contractor’s Surety. The liability of Contractor’s surety, if any, under any surety payment bond posted for this Project is expressly understood to be co-extensive with that of the Contractor hereunder. The terms of this Master Subcontract Agreement shall in all respects be deemed incorporated into any such
Contractor’s Surety. The Contractor shall file a copy of such consent of ▇▇▇▇▇▇, together with copy of assignment with Owner and Engineer. In case Contractor assigns all or any part of any monies due or to become due under this Contract, instrument of assignment must contain a clause substantially to effect that it is agreed that right of assignees in and to any monies due or to become due to Contractor shall be subject to prior liens and claims of all persons, firms and corporations for services rendered; for payment of all laborers and mechanics
Contractor’s Surety. The liability of Contractor’s surety, if any, under any surety payment bond posted for this Project is expressly understood to be co-extensive with that of the Contractor hereunder. The terms of this Master Subcontract Agreement shall in all respects be deemed incorporated into any such payment bond as may have been posted and the question of whether or not any funds may be due or justly due to the Subcontractor, as may be referenced within any such bond, shall solely be determined by reference to this Master Subcontract Agreement. Any Surety issuing such payment bond shall be an intended beneficiary of the provisions of this Master Subcontract Agreement.
Contractor’s Surety. The liability of Contractor’s surety, if any, under any surety payment
Contractor’s Surety. The rights herein given by this Agreement to the Contractor shall also be deemed for the direct benefit of its sureties, if any, with the same force and effect as if they were parties hereto.

Related to Contractor’s Surety

  • Vendor’s Subcontractors TIPS recognizes that many vendors operate in the open market through the use of subcontractors. For that reason, TIPS permits Vendor to utilize subcontractors as authorized and permitted by the TIPS Member Customer. However, all purchase documents must include: (1) Vendor’s Name, as known to TIPS, and; (2) Vendor’s TIPS Contract Name and Number under which it is making the TIPS Sale. Vendor must report the sale pursuant to the terms herein and Vendor agrees that it is legally responsible for all reporting and fee payment as described herein for TIPS Sales even when subcontractors are utilized. The TIPS Administration Fee is assessed on the amount paid by the TIPS Member to Vendor. The Parties intend that Vendor shall be responsible and for actions of subcontractors during a TIPS Sale. Vendor agrees that it is voluntarily authorizing subcontractors and in doing so, ▇▇▇▇▇▇ agrees that it is doing so at its own risk and agrees to protect, indemnify, and hold TIPS harmless in accordance with Sections 14-17 above related to subcontractor TIPS Sales made pursuant to this Agreement or purporting to be made pursuant to this Agreement that may be asserted against Vendor whether rightfully brought or otherwise. The Parties further agree that it is no defense to Vendor’s breach of this Agreement that a subcontractor caused Vendor of breach this Agreement.

  • Contractor’s Services shall be performed in accordance with generally accepted professional practices and principles and in a manner consistent with the level of care and skill ordinarily exercised by members of Contractor’s profession currently practicing under similar conditions. Contractor shall comply with the profession’s standard of performance, applicable laws, regulations, and industry standards. By delivery of completed work, Contractor certifies that the work conforms to the requirements of this Agreement and all applicable federal, state and local laws. If Contractor is retained to perform services requiring a license, certification, registration or other similar requirement under California law, Contractor shall maintain that license, certification, registration or other similar requirement throughout the term of this Agreement.

  • Contractor’s Status At all times during the Contract Period the Contractor shall be an independent contractor and nothing in the Contract shall create a contract of employment, a relationship of agency or partnership or a joint venture between the Parties and accordingly neither Party shall be authorised to act in the name of, or on behalf of, or otherwise bind the other Party save as expressly permitted by the terms of the Contract.