Relationship with Section 14 Clause Samples

Relationship with Section 14. 5.7. If Image-Based Billing is authorized pursuant to Section 14.5.7, such Tolling Method Change shall remain subject to this Section 4.8, but subject to the following: (a) The forecasts of annual Net Project Cash Flows shall be prepared pursuant to Section 4.8.3 as of the date of implementation of Image-Based Billing, using forecasts of traffic and Toll Revenues made at that time, except that both forecasts shall disregard any expected effect of the termination of the HCTRA-TxDOT Interoperable Relationship. The first forecast prepared pursuant to Section 4.8.3 shall be the same as the forecast prepared pursuant to Section 14.5.7(d). (b) Developer shall elect to pay TxDOT’s portion of any Tolling Method Gain pursuant to Section 4.8.5 or Section 4.8.6 by the end of the liquidity period (as defined in Section 14.5.7). If Developer elects to pay such portion pursuant to Section 4.8.5, the Cumulative Tolling Method Gain shall not include the difference between Net Project Cash Flows during the liquidity period under the second forecast and Net Project Cash Flows during the liquidity period under the first forecast. If Developer elects to pay such portion pursuant to Section 4.8.6, the Annual Tolling Method Gain for any year wholly or partially occurring during the liquidity period shall not include the difference between Net Project Cash Flows during the liquidity period under the second forecast and Net Project Cash Flows during the liquidity period under the first forecast (which difference will be treated as $0 for purposes of determining the Annual Tolling Method Gain during the liquidity period).
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Related to Relationship with Section 14

  • Our Relationship With You We are an independent contractor for all purposes, except that we act as your agent with respect to the custody of your funds for the Service. We do not have control of, or liability for, any products or services that are paid for with our Service. We also do not guarantee the identity of any user of the Service (including but not limited to recipients to whom you send payments).

  • Relationship to Plan This Award is subject to all of the terms, conditions and provisions of the Plan and administrative interpretations thereunder, if any, which have been adopted by the Committee thereunder and are in effect on the date hereof. Except as defined or otherwise specifically provided herein, capitalized terms shall have the same meanings ascribed to them under the Plan.

  • At-Will Relationship I understand and acknowledge that my Relationship with the Company is and shall continue to be at-will, as defined under applicable law, meaning that either I or the Company may terminate the Relationship at any time for any reason or no reason, without further obligation or liability.

  • Termination of Relationship with the Company If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this option shall terminate three months after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon such violation.

  • Relationship Disclosure Form The purpose of this form is to document any relationships between a bidder to an Orange County solicitation and the Mayor or any other member of Orange County, Florida. This form shall be completed and submitted with the applicable bid to an Orange County solicitation.