Page 1 - Running Surety Bond 77b2e4080a1d2215f53344e275c70d08886ef13b.doc
Department from the date last above written until termination of this Bond as provided for hereinafter. It is expressly understood and agreed that the above sum represents the total aggregate liability under this Bond on all work performed under Agreements issued as foresaid but not properly released by said Department. This Bond may be terminated by the SURETY following the giving of written notice of intention to terminate by certified mail to the State Utilities Engineer, Department of Transportation of the State of Tennessee, 600 James K. Polk Building, Nashville Tennessee, 37219, and said termination will become effective thirty (30) days after receipt of said notice. Proper termination notice notwithstanding, PRINCIPAL and SURETY will remain bound to the State of Tennessee under the terms hereinabove set out for the performance of any projects, with City/County (strike one) of ___________________________ Tennessee, for which Application and Utility Use and Occupancy Agreements were entered into between the date last above written and said date of termination, until proper release is received form the Department of Transportation of the State of Tennessee for said projects.
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- Summer '14
- U.S. state, Surety, Surety bond, Nashville, Tennessee