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Jan 6, 2022 — The Vendor's performance bond and Vendor's responsibility for damages shall apply whether performance or nonperformance was by the Vendor or one ... (1) The performance bond shall be in an amount determined by the State ... the corporation may guarantee the self-bond and execute the indemnity agreement.We hereby demand assurances that you will duly perform your obligations under the purchase and sale agreement notwithstanding [Describe Grounds – e.g., “the ... This bond ensures full and complete performance of the special agent's obligations under the Special Agent Contract, including, but not be limited to the ... 28.204-4 Contract clause.​​ Insert the clause at 52.228-14, Irrevocable Letter of Credit, in solicitations and contracts for services, supplies, or construction, ... Defendants have breached the construction contract and the. Performance Bond by refusing to complete the construction contract following. Wainwright's breach ... the court first stated that “purpose of a [public employees blanket bond] is to guarantee the honesty and faithful performance of the insured's employees by ... I. Force majeure. A. General requirements. The defense of force majeure exists under Alabama common law. Specifically, “when loss is proximately. Upon demand by Surety, Indemnitors will be responsible to reimburse Surety for all funds advanced, loaned, or guaranteed by Surety to any Indemnitor and all ... The initial notice of the bond claim, however, can be sent while work continues.[71] It may be necessary to send an additional notice after work is complete, ...
