Common use of Assignment of Rights Against Utility Owners Clause in Contracts

Assignment of Rights Against Utility Owners. In the event of good-faith and bona fide colorable potential claims on behalf of Developer for wrongful actions or inactions of a Utility Owner within the Project Right of Way, the Department agrees that, upon receipt of a written request from Developer, the Department in its reasonable discretion will assign to Developer the Department’s rights of recovery, as such may exist, under any existing agreement between the Department and a Utility Owner, including any utility permits, utility relocation agreements, or other agreements.

Appears in 5 contracts

Samples: Concession Agreement, Public Private Partnership Agreement, Public Private Partnership Agreement

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