For each Utility Adjustment Sample Clauses

For each Utility Adjustment. Developer shall compensate the Utility Owner for the fair market value of each Existing Utility Property Interest relinquished pursuant to Section 6.2.4.3 of the Technical Provisions, to the extent TxDOT would be required to do so by applicable Law and provided that TxDOT has approved the Utility Owner’s claim. Developer shall pay any compensation due to the Utility Owner and all costs and expenses associated therewith (including any incurred by TxDOT on Developer’s behalf for eminent domain proceedings or otherwise) in accordance with Article 10. Developer shall carry out the same duties for acquisition of an Existing Utility Property Interest, as are assigned to Developer in Article 10 (of this Agreement) and in Section 7 of the Technical Provisions for the acquisition of any other necessary real property interests.
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For each Utility Adjustment the eligibility of particular Utility Owner costs (both indirect and direct) for reimbursement by Developer and any credits due against those costs (e.g., for Betterment), as well as the determination of any Betterment or other costs due to Developer, shall be established in accordance with applicable Law (including Section 203.092 of the Texas Transportation Code) and the applicable Utility Agreements, all of which shall incorporate by reference 23 CFR Part 645, Subpart A.
For each Utility Adjustment. Developer shall maintain or cause a Utility Owner to maintain cost records in accordance with the recordkeeping and audit requirements of the Contract Documents and applicable Law, including 23
For each Utility Adjustment. Developer shall compensate the

Related to For each Utility Adjustment

  • Annual Adjustment At the end of each Fiscal Year and following receipt by Manager of the annual accounting referred to in Article 10, an adjustment will be made to such annual account, if necessary and if available, so that the appropriate amount shall have been deposited in the Reserve.

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