Common use of Concession Payment Clause in Contracts

Concession Payment. At Financial Close, subject to adjustment pursuant to Section 3.6.3, Developer shall pay $[●] [to be inserted from Proposal] in good and immediately available funds to TxDOT (the “Concession Payment”).

Appears in 7 contracts

Sources: Comprehensive Development Agreement, Comprehensive Development Agreement, Comprehensive Development Agreement

Concession Payment. At Financial Close, subject to adjustment pursuant to Section 3.6.3, Developer shall pay $[●] [to be inserted from Proposal] 27,624,975 in good and immediately available funds to TxDOT (the “Concession Payment”).

Appears in 1 contract

Sources: Comprehensive Development Agreement