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1 - Running Surety Bond
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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