Common use of On or before the issuance by TxDOT of NTP1 Clause in Contracts

On or before the issuance by TxDOT of NTP1. Developer shall deliver to TxDOT a performance bond in the initial amount of $50,000,000 (the “NTP1 Performance Bond Amount”) and in the form attached hereto as Exhibit 9.

Appears in 4 contracts

Sources: Development Agreement, Development Agreement, Development Agreement

On or before the issuance by TxDOT of NTP1. Developer shall deliver to TxDOT a performance bond in the initial amount of $50,000,000 25,000,000 (the “NTP1 Performance Bond Amount”) and in the form attached hereto as Exhibit 9.

Appears in 3 contracts

Sources: Development Agreement, Development Agreement, Development Agreement