Common use of General Obligations of Developer Clause in Contracts

General Obligations of Developer. 2.1.1 D&C Work As more fully described in the Contract Documents, the D&C Work shall include the design and construction of the Project, conforming to the Basic Configuration and otherwise complying with the requirements of the Contract Documents, except as otherwise approved by TxDOT. All materials, services and efforts necessary to achieve Substantial Completion and Final Acceptance of each Phase on or before the applicable Completion Deadline shall be solely Developer’s responsibility, except as otherwise specifically provided in the Contract Documents. Developer shall plan, schedule, and execute all aspects of the D&C Work and shall coordinate its activities with all Persons who are directly impacted by the D&C Work. Subject to the terms of Section 12, the cost of all D&C Work, including such materials, services and efforts as are necessary for the D&C Work, are included in the D&C Price. Further, the D&C Price shall be payable by TxDOT on a deferred basis in accordance with the schedule set forth in Exhibit 5, subject only to TxDOT’s option to prepay pursuant to Section 11.3.2(f)(i), and Developer shall be responsible for financing any costs of the D&C Work necessary as a result of such deferred payment schedule.

Appears in 1 contract

Samples: Comprehensive Development Agreement

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General Obligations of Developer. 2.1.1 D&C Work As more fully described in the Contract Documents, the D&C Work shall include the design and construction of the Project, conforming to the Basic Configuration as set forth in the Draft Schematic and otherwise complying with the requirements of the Contract Documents, except as otherwise approved by TxDOT. All materials, services and efforts necessary to achieve Substantial Completion and Final Acceptance of each Phase on or before the applicable Completion Deadline shall be solely Developer’s responsibility, except as otherwise specifically provided in the Contract Documents. Developer shall plan, schedule, and execute all aspects of the D&C Work and shall coordinate its activities with all Persons who are directly impacted by the D&C Work. Subject to the terms of Section 12, the cost of all D&C Work, including such materials, services and efforts as are necessary for the D&C Work, are included in the D&C Price. Further, the D&C Price shall be payable by TxDOT on a deferred basis in accordance with the schedule set forth in Exhibit 5, subject only to TxDOT’s option to prepay pursuant to Section 11.3.2(f)(i), and Developer shall be responsible for financing any costs of the D&C Work necessary as a result of such deferred payment schedule.

Appears in 1 contract

Samples: Development Agreement

General Obligations of Developer. 2.1.1 D&C Work As more fully described in the Contract Documents, the D&C Work shall include the design and construction of the Project, conforming to the Basic Configuration and otherwise complying with the requirements of the Contract Documents, except as otherwise approved by TxDOT. All materials, services and efforts necessary to achieve Substantial Completion and Final Acceptance of each Phase on or before the applicable Completion Deadline shall be solely Developer’s responsibility, except as otherwise specifically provided in the Contract Documents. Developer shall plan, schedule, and execute all aspects of the D&C Work and shall coordinate its activities with all Persons who are directly impacted by the D&C Work. Subject to the terms of Section 12, the cost of all D&C Work, including such materials, services and efforts as are necessary for the D&C Work, are included in the D&C Price. Further, the D&C Price shall be payable by TxDOT on a deferred basis in accordance with the schedule set forth in Exhibit Exhibits 5-1 and 5-2, subject only to TxDOT’s option to prepay pursuant to Section 11.3.2(f)(i), and Developer shall be responsible for financing any costs of the D&C Work necessary as a result of such deferred payment schedule.

Appears in 1 contract

Samples: Comprehensive Development Agreement

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General Obligations of Developer. 2.1.1 D&C Work As more fully described in the Contract Documents, the D&C Work shall include the design and construction of the Project, conforming to the Basic Configuration as set forth in the Draft Schematic and otherwise complying with the requirements of the Contract Documents, except as otherwise approved by TxDOT. All materials, services and efforts necessary to achieve Substantial Completion and Final Acceptance of each Phase on or before the applicable Completion Deadline shall be solely Developer’s responsibility, except as otherwise specifically provided in the Contract Documents. Developer shall plan, schedule, and execute all aspects of the D&C Work and shall coordinate its activities with all Persons who are directly impacted by the D&C Work. Subject to the terms of Section 12, the cost of all D&C Work, including such materials, services and efforts as are necessary for the D&C Work, are included in the D&C Price. Further, the D&C Price shall be payable by TxDOT on a deferred basis in accordance with the schedule set forth in Exhibit 5, subject only to TxDOT’s option to prepay pursuant to Section 11.3.2(f)(i11.1(a), and Developer shall be responsible for financing any costs of the D&C Work necessary as a result of such deferred payment schedule.

Appears in 1 contract

Samples: Development Agreement

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