Common use of Handback Condition Clause in Contracts

Handback Condition. Subject to Section 8.10.3.2, on the Termination Date Developer shall transfer the Project, including all Upgrades, to TxDOT, at no charge to TxDOT, in the condition and meeting all of the requirements for Residual Life at Handback specified in the Handback Requirements.

Appears in 9 contracts

Samples: Development Agreement, Comprehensive Development Agreement, Comprehensive Development Agreement

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Handback Condition. Subject to Section 8.10.3.220.1.3, on the Termination Date Developer shall transfer the Project, including all Upgrades, to TxDOT, at no charge to TxDOT, in the condition and meeting all of the requirements for Residual Life at Handback specified in the Handback Requirements.

Appears in 4 contracts

Samples: Comprehensive Development Agreement, Comprehensive Development Agreement, Comprehensive Development Agreement

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