General Overview of Agreement Sample Clauses

General Overview of Agreement. 2.1.1 This Agreement is a public-private partnership agreement setting forth the framework for the conceptual, preliminary and final planning of the Project and Facilities, and for financing, building, operating and maintaining Facilities, through collaborative efforts of TxDOT and Developer. This Agreement does not establish, and shall not be construed as, a legal partnership between TxDOT and Developer. Rather, by “public-private partnership”, the parties intend and acknowledge that a highly cooperative, mutual collaboration will be pursued, under the terms of the Contract Documents, to engage Developer’s innovation, private sector resources, entrepreneurial skills, risk sharing and management capabilities, and technical and financial expertise, and to engage TxDOT’s governmental authority, planning capabilities, risk sharing and management capabilities, and technical and financial expertise, to bring the Project and Facilities to fruition. As such, this Agreement contemplates significant roles and responsibilities for Developer that go beyond the typical work and services provided by engineering and construction firms under contracts routinely let by TxDOT.
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Related to General Overview of Agreement

  • Severability Any provision of this Agreement that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.

  • Definitions As used in this Agreement, the following terms shall have the following meanings:

  • Entire Agreement This Agreement constitutes the entire agreement between the parties hereto with respect to the subject matter contained in this Agreement and supersedes all prior agreements, understandings and negotiations between the parties.

  • NOW, THEREFORE the parties hereto agree as follows:

  • IN WITNESS WHEREOF the parties hereto have executed this Agreement as of the day and year first above written.

  • Termination This Agreement may be terminated at any time prior to the Closing:

  • WHEREAS the Company desires the Warrant Agent to act on behalf of the Company, and the Warrant Agent is willing to so act, in connection with the issuance, registration, transfer, exchange, redemption and exercise of the Warrants; and

  • Assignment This Agreement and all rights and obligations hereunder may not be assigned without the written consent of the other party.

  • Notices Any notice, request or other document required or permitted to be given or delivered to the Holder by the Company shall be delivered in accordance with the notice provisions of the Purchase Agreement.

  • Term of Agreement This Agreement shall continue in full force and effect until the tenth (10th) anniversary of Bank Closing; provided, that the provisions of Section 6.3 and 6.4 shall survive the expiration of the term of this Agreement; and provided further, that the receivership of the Failed Bank may be terminated prior to the expiration of the term of this Agreement, and in such event, the guaranty of the Corporation, as provided in and in accordance with the provisions of Section 12.7 shall be in effect for the remainder of the term of this Agreement. Expiration of the term of this Agreement shall not affect any claim or liability of any party with respect to any (i) amount which is owing at the time of such expiration, regardless of when such amount becomes payable, and (ii) breach of this Agreement occurring prior to such expiration, regardless of when such breach is discovered.

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