Completion Bond definition

Completion Bond means a bond, surety, or completion guarantee with
Completion Bond means each completion guaranty agreement (including the principal agreement and standard terms and conditions related thereto and each other agreement executed pursuant to the terms thereof) that satisfies the requirements of Section 7(a)(viii).
Completion Bond means an insurance policy ensuring completion of an audio- visual production for the benefit of the production entity and investors;

Examples of Completion Bond in a sentence

  • The City and SPS shall each be identified as obligees on the Completion Bond (by way of a dual obligee rider or otherwise).

  • As a condition of the conveyance of the above-described property (“Property”), the Buyer shall obtain and deliver to the City of Watertown, prior to the execution of the deed by WDC as Seller to Buyer, a Performance and Completion Bond in the amount of Three Hundred Thousand Dollars ($300,000) issued by a surety licensed to do business in the State of South Dakota.

  • The Completion Bond shall be executed on a form approved by the Director.

  • 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.


More Definitions of Completion Bond

Completion Bond is defined in Section 6.3.B. “Construction Bonds” is defined in Section 6.3.A.
Completion Bond means the completion bond provided by the EPC Contractor to the Administrative Agent, securing the performance of the EPC Contractor's "Phase I" and "Phase II" obligations under the EPC Contract.
Completion Bond means the completion bond for the Picture provided by the Completion Guarantor.
Completion Bond means a surety, in a form acceptable to the Borough, in the form of cash, a certified check, a letter of credit, a corporate performance bond or a labor and material payment bond from an approved surety company which guarantees the satisfactory completion of improvements required by Title Seven.
Completion Bond means any Bond which is issued to finance one or more Costs of a portion of the U.S. 301 Project subsequent to the issuance of a Series of Bonds that was issued after the issuance of the Series 2015 Bonds in whole or in part to finance Costs of such portion of the U.S. 301 Project.
Completion Bond means a performance bond in an amount equal to 100% of the cost of construction of the system from a surety company licensed to do business in the Commonwealth of Massachusetts and whose name appears on U.S. Treasury Dept. Circular 570, expiring no earlier than the Commercial Operation Date.
Completion Bond means a completion bond, in form and substance satisfactory to the Agent, issued by a financially sound and reputable completion guarantor approved by the Majority Lenders which bond is in favor of the Agent and guarantees Completion and delivery of an item of Product. The Majority Lenders hereby pre-approve as a completion guarantor (i) Motion Pictures Guarantors Ltd. (to the extent such completion bond is accompanied by a Wellington Insurance Company "cut-through"), (ii) Fireman's Fund Insurance Company, acting through its agent, International Film Guarantors L.P., (iii) Cinema Completions International, Inc./Continental Casualty Company and (iv) Film Finances Inc. or an Affiliate thereof located in a country other than the United States (but only for items of Product with a budget of $7,500,000 or less and only to the extent the completion bond is accompanied by a Lloyd's of London "cut-through"); provided that such pre-approval may be revoked at any time upon 15 days prior written notice to the Parent prior to the issuance of a Completion Bond by such completion guarantor.