Common use of Cost Plus Transaction Fee Clause in Contracts

Cost Plus Transaction Fee. (i) The applicable Cost Plus Transaction Fee shall be payable in respect of each Transaction described in Section 6(d)(ii) below occurring during the eleventh and each subsequent Service Year during the Term. The Cost Plus Transaction Fee (as defined herein) for each Transaction received by TxDOT’s CSC Host shall be determined as set forth in Section 6(d)(iii) and (iv) below for each Transaction occurring on or after the tenth anniversary of the Service Commencement Date for the Facility (or the initial Facility Segment, if Developer develops the Facility in Facility Segments).

Cost Plus Transaction Fee. (i) The applicable Cost Plus Transaction Fee shall be payable in respect of each Transaction described in Section 6(d)(ii) below occurring during the eleventh and each subsequent Service Year during the Term. The Cost Plus Transaction Fee (as defined herein) for each Transaction received by TxDOT’s CSC Host shall be determined as set forth in Section 6(d)(iii) and (iv) below for each Transaction occurring on or after the tenth anniversary of the Service Commencement Date for the Facility (or for the initial Facility SegmentSegment that first achieves Service Commencement, if Developer develops the Facility in Facility Segments).