Common use of Maximum Payment Schedule Clause in Contracts

Maximum Payment Schedule. The Maximum Payment Schedule is set forth in Exhibit 10 to this DBA. Unless and until TxDOT issues a DWC NTP, the Maximum Payment Schedule shall be the schedule set forth in Exhibit 10-1. In the event TxDOT elects to exercise its right to issue a DWC NTP, the Price shall be increased by the DWC Price for each such DWC in accordance with Section 4.1 of this DBA. In such event, the Maximum Payment Schedule shall also be increased by adding the amounts set forth in the applicable DWC Maximum Payment Schedule set forth in Exhibit 10-2 to the corresponding months in the then current Maximum Payment Schedule. In such event, the payment for the last month of the Maximum Payment Schedule shall also be increased by adding the remaining amounts set forth in the applicable DWC Maximum Payment Schedule set forth in Exhibit 10-2 that come after the Substantial Completion Deadline. Upon such amendment thereof, all references to the Maximum Payment Schedule set forth in the Contract Documents shall mean the schedule as amended hereby. TxDOT shall have the right, but not the obligation, to prepare and deliver a revised Maximum Payment Schedule adjusted as described herein to incorporate the applicable DWC Price and related DWC Maximum Payment Schedule.