Common use of Delay in NTP1 Clause in Contracts

Delay in NTP1. 12.1.4.1 TxDOT anticipates that it will issue the NTP1 concurrently with or shortly after execution and delivery of this Agreement, but shall have the right in its sole discretion to defer issuance. If the effective date of the NTP1 is more than 180 days after the Proposal Due Date and such delay in issuing the NTP1 was not caused in whole or in part by the acts, omissions, negligence, intentional misconduct, or breach of applicable Law, contract or Governmental Approval of any Developer-Related Entity, the Price will be adjusted by adding the following to the Price:  = N * (Price) * (([A-B]/B)/T) where:

Appears in 1 contract

Samples: Development Agreement

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Delay in NTP1. 12.1.4.1 TxDOT anticipates that it will issue the NTP1 concurrently with or shortly after execution and delivery of this Agreement, but shall have the right in its sole discretion to defer issuance. If the effective date of the NTP1 is more than 180 days after the Proposal Due Date and such delay in issuing the NTP1 was not caused in whole or in part by the acts, omissions, negligence, intentional misconduct, or breach of applicable Law, contract or Governmental Approval of any DeveloperDB Contractor-Related Entity, then: 12.1.4.1 the Segment 1 Price will be adjusted by adding the following to the Segment 1 Price: Δ = N * (Segment 1 Price) * (([A-B]/B)/T) where:: and

Appears in 1 contract

Samples: Design Build Agreement

Delay in NTP1. 12.1.4.1 TxDOT anticipates that it will issue the NTP1 concurrently with or shortly after execution and delivery of this Agreement, but shall have the right in its sole discretion to defer issuance. If the effective date of the NTP1 is more than 180 days after the Proposal Due Date and such delay in issuing the NTP1 was not caused in whole or in part by the acts, omissions, negligence, intentional misconduct, or breach of applicable Law, contract or Governmental Approval of any DeveloperDB Contractor-Related Entity, the Price will be adjusted by adding the following to the Price:  = N * (Price) * (([A-B]/B)/T) where:

Appears in 1 contract

Samples: Design Build Agreement

Delay in NTP1. 12.1.4.1 TxDOT anticipates that it will issue the NTP1 concurrently with or shortly after execution and delivery of this Agreement, but shall have the right in its sole discretion to defer issuance. If the effective date of the NTP1 is more than 180 days after the Proposal Due Date and such delay in issuing the NTP1 was not caused in whole or in part by the acts, omissions, negligence, intentional misconduct, or breach of applicable Law, contract or Governmental Approval of any DeveloperDB Contractor-Related Entity, then: the Segment 1 Price will be adjusted by adding the following to the Price:  = N * (Segment 1 Price) * (([A-B]/B)/T) where:: and

Appears in 1 contract

Samples: Design Build Agreement

Delay in NTP1. 12.1.4.1 12.1.5.1. TxDOT anticipates that it will issue the NTP1 concurrently with or shortly after execution and delivery of this AgreementDBA, but shall have the right in its sole discretion to defer issuance. If the effective date of the NTP1 is more than 180 days after the Proposal Due Date and such delay in issuing the NTP1 was not caused in whole or in part by the acts, omissions, negligence, intentional misconduct, or breach of applicable Law, contract or Governmental Approval of any DeveloperDB Contractor-Related Entity, the Price will be adjusted by adding the following to the Price: Δ = N * (Price) * (([A-B]/B)/T) where:: “Δ“ is the adjustment amount;

Appears in 1 contract

Samples: Design Build Agreement

Delay in NTP1. 12.1.4.1 12.1.3.1. TxDOT anticipates that it will issue the NTP1 concurrently with or shortly after execution and delivery of this AgreementDBC, but shall have the right in its sole discretion to defer issuance. If the effective date of the NTP1 is more than 180 days after the Financial Proposal Due Date and such delay in issuing the NTP1 was not caused in whole or in part by the acts, omissions, negligence, intentional misconduct, or breach of applicable Law, contract or Governmental Approval of any DeveloperDB Contractor-Related Entity, the Price will be adjusted by adding the following to the Price: Δ = N * (Price) * (([A-B]/B)/T) where:“Δ“ is the adjustment amount;

Appears in 1 contract

Samples: Design Build Contract

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Delay in NTP1. 12.1.4.1 12.1.3.1 TxDOT anticipates that it will issue the NTP1 concurrently with or shortly after execution and delivery of this Agreement, but shall have the right in its sole discretion to defer issuance. If the effective date of the NTP1 is more than 180 181 days after the Proposal Due Date and such delay in issuing the NTP1 was not caused in whole or in part by the acts, omissions, negligence, intentional misconduct, or breach of applicable Law, contract or Governmental Approval of any Developer-Related Entity, the Price will be adjusted by adding or subtracting the product of the following to from the Price: Δ = N * (Price) * (([A-B]/B)/T) where:“Δ” is the adjustment amount;

Appears in 1 contract

Samples: Comprehensive Development Agreement

Delay in NTP1. 12.1.4.1 TxDOT anticipates that it will issue the NTP1 concurrently with or shortly after execution and delivery of this Agreement, but shall have the right in its sole discretion to defer issuance. If the effective date of the NTP1 is more than 180 days after the Proposal Due Date and such delay in issuing the NTP1 was not caused in whole or in part by the acts, omissions, negligence, intentional misconduct, or breach of applicable Law, contract or Governmental Approval of any Developer-Related Developer -Related Entity, the Price will be adjusted by adding the following to the Price: Δ = N * (Price) * (([A-B]/B)/T) where:

Appears in 1 contract

Samples: Development Agreement

Delay in NTP1. 12.1.4.1 TxDOT anticipates that it will issue the NTP1 concurrently with or shortly after execution and delivery of this Agreement, but shall have the right in its sole discretion to defer issuance. If the effective date of the NTP1 is more than 180 days after the Proposal Due Date and such delay in issuing the NTP1 was not caused in whole or in part by the acts, omissions, negligence, intentional misconduct, or breach of applicable Law, contract or Governmental Approval of any Developer-Related Entity, the Price will be adjusted by adding the following to the Price:  = N * (Price) * (([A-B]/B)/T) where:

Appears in 1 contract

Samples: Development Agreement

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