Traffic Consultant definition
Examples of Traffic Consultant in a sentence
The scope of services (the “Services”), which is described in detail in Appendix A attached hereto and incorporated herein, shall include, but not be limited to, rate/revenue analysis, traffic modeling, technical assistance, problem resolution assistance, project management duties, and duties imposed on the Traffic Consultant by Authority trust agreements.
Perform all duties imposed on the Traffic Consultant by the Authority’s current Trust Agreement, as amended, and all supplemental, superseding, or additional trust agreements, including providing certificates and opinions related to annual reviews, proposed changes in toll rate schedules or toll classifications, and periodic bond issuances.
The Borrower shall have delivered to the TIFIA Lender an original fully executed counterpart (or a certified copy) of the Traffic and Revenue Study in form and substance acceptable to the TIFIA Lender [and the Traffic Consultant].
If the Borrower determines that Pledged Revenues may be inadequate to comply with the Rate Covenant for any year, or if audited financial statements show that the Rate Covenant was not satisfied for any year, the Borrower shall (a) engage the Traffic Consultant to review and analyze the operations of the ▇.▇.
Such revisions, alterations, or actions need not comply with the recommendations of the Traffic Consultant so long as Net Revenue projected by the Traffic Consultant to be produced by the revisions, alterations or actions then taken by the Commission are at least equal to the amount required hereinabove.