Common use of Quitclaim Deeds Clause in Contracts

Quitclaim Deeds. Except as otherwise directed by TxDOT, Developer shall prepare a Quitclaim Deed for each relinquishment of an Existing Utility Property Interest using TxDOT's standard form included in Attachment 7 -- Utility Forms. Each Quitclaim Deed shall be subject to TxDOT's review as part of a Utility Assembly as described below. Developer understands and expects that a Utility Owner will not relinquish any Existing Utility Property Interest until after the Adjusted Utility has been accepted by the Utility Owner in its new location. Accordingly, instead of an executed Quitclaim Deed, the Utility Assembly for such a Utility Adjustment shall include a letter signed by the Utility Owner's authorized representative confirming that the interest will be quitclaimed upon completion of the Utility Adjustment, and a copy of the unsigned Quitclaim Deed. In these cases, Xxxxxxxxx shall obtain the executed Quitclaim Deed promptly upon completion of the Utility Adjustment.

Appears in 2 contracts

Samples: Comprehensive Development Agreement, Comprehensive Development Agreement

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Quitclaim Deeds. Except as otherwise directed by TxDOT, Developer Design-Build Contractor shall prepare a Quitclaim Deed for each relinquishment of an Existing Utility Property Interest using TxDOT's standard form included in Attachment 7 -- 6-1, Utility Forms. Each Quitclaim Deed shall be subject to TxDOT's review approval as part of a Utility Assembly approval as described below. Developer Design-Build Contractor understands and expects that a Utility Owner will not relinquish any Existing Utility Property Interest until after the Adjusted Utility Adjustment has been accepted by the Utility Owner in its new location. Accordingly, instead of an executed Quitclaim Deed, the Utility Assembly for such a Utility Adjustment shall include a letter signed by the Utility Owner's authorized representative confirming that the interest will be quitclaimed upon completion of the Utility Adjustment, and a copy of the unsigned Quitclaim Deed. In these cases, Xxxxxxxxx Design-Build Contractor shall obtain the executed Quitclaim Deed promptly upon within ninety (90) Days of completion of the Utility AdjustmentAdjustment or unless otherwise approved by TxDOT in writing. The Quitclaim Deed must be approved by TxDOT prior to recording.

Appears in 1 contract

Samples: Technical Provisions

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Quitclaim Deeds. Except as otherwise directed by TxDOT, Developer shall prepare a Quitclaim Deed for each relinquishment of an Existing Utility Property Interest using TxDOT's standard form included in Attachment 7 -- Utility Formsthe attachment as noted in Book 2. Each Quitclaim Deed shall be subject to TxDOT's review as part of a Utility Assembly as described below. Developer understands and expects that a Utility Owner will not relinquish any Existing Utility Property Interest until after the Adjusted Utility has been accepted by the Utility Owner in its new location. Accordingly, instead of an executed Quitclaim Deed, the Utility Assembly for such a Utility Adjustment shall include a letter signed by the Utility Owner's authorized representative confirming that the interest will be quitclaimed upon completion of the Utility Adjustment, and a copy of the unsigned Quitclaim Deed. In these cases, Xxxxxxxxx shall obtain the executed Quitclaim Deed promptly upon completion of the Utility Adjustment.

Appears in 1 contract

Samples: Comprehensive Development Agreement

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