A bond covenant is a legally binding term of an agreement between a bond issuer and a bondholder, designed to protect the interests of both parties. Consider whether the client and the debtor may work out an agreement for paying the debt.If so, call and attempt to negotiate a payment arrangement. DTC will act as securities depository of the Series 2020A Bonds. We may file a lien at any time when an individual or business owes a debt to the state. All proposers must submit with their RFP a completed Contract SUBP Participation Form, listing the. The Applicant Issuer agrees to pay when due all fees associated with its listing of securities on the Exchange, in accordance with the Exchange's rules. All proposers must submit with their RFP a completed Contract SUBP Participation Form, listing the. We seek vendors who share our commitment to equal opportunity and affirmative action. Purchasing and Contract Services.