Metro Directives Sample Clauses

Metro Directives. Metro may, at any time during the Term, issue a Metro Directive to Parking Company. A Project Enhancement required by Metro under Section 4.5(a) hereof (and agreed to by Parking Company) shall constitute a Metro Directive. Subject to Metro making available to Parking Company sufficient funds to perform the work required to implement such Metro Directive at or before the time payment for such work is required to be made, and Parking Company having obtained (with the cooperation of Metro) all relevant Authorizations from all relevant Governmental Authorities required for the relevant work, Parking Company shall perform the work required to implement such Metro Directive, and Parking Company will be entitled to a Compensation Event Payment with respect thereto. The addition of or the removal of Metered Parking Spaces by Metro (including any direction to install or remove Metering Devices) is not a Metro Directive and shall not result in a Compensation Event Payment as a Metro Directive but may result in a Compensation Event Payment as provided in Article 7.