LICENSE & PERMIT BOND
KNOW ALL MEN BY THESE PRESENTS:
______________________________ as Principal, and __________________________
principal offices at ________________ and authorized to do Surety business in
the State of _________ as Surety, are held and firmly bound unto
_______________________in the sum of ___________________Dollars ($50,000.00) for
the payment of which sum, well and truly to be made, we bind ourselves, our
heirs, executors, administrators, successors and assigns, jointly and severally,
firmly by these presents. The
condition of this obligation is such that WHEREAS the above named Principal is
desirous of obtaining a license from ___________________________ to engage in
the business of
NOW, THEREFORE, INCONSIDERATION OF
THE ISSUANCE OF SUCH LICENSE, IF SAID principal shall well and truly comply with
such Ordinances, Rules and Regulations and any amendments thereof, as require
the execution of this bond, then this obligation shall be void, otherwise to be
and remain in full force and effect.
This obligation shall become effective on the ______ day of ________, 20___ and
shall remain in force until ______day of ________, 20 ___.
This bond may be extended for a further term by the issuance of a
Continuation certificate signed by the Surety.
If the Surety herein shall so elect, this bond May be cancelled at any
time by the Surety herein by giving the Principal and to the Obligee THIRTY (30)
days written notice of such cancellation.
Nothing herein shall affect any rights or liabilities which shall have
accrued under this bond prior to the date of such termination and that the
maximum liability of the Surety on the bond, regardless of the number of claims
filed against the bond shall not exceed the penal sum of the bond.
IN WITNESS WHEREOF, the said Principal and the said Surety have hereunto
affixed their hands and seals this _____day of _______, 20 ___.
Name & Title
Attorney in fact