Common use of Refinancing Gain Clause in Contracts

Refinancing Gain. TxDOT’s rights to a portion of any Refinancing Gain are set forth in Part B of Exhibit 7. Xxxxxxxxx agrees to pay TxDOT such amount as compensation to TxDOT in exchange for TxDOT’s grant to Developer of rights to impose and receive tolls pursuant to this Agreement and as rent for the use and operation of the Facility pursuant to the Lease. For federal income tax purposes, the Refinancing Gain payment to TxDOT is allocated as set forth in Part B of Exhibit 7.

Appears in 3 contracts

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

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Refinancing Gain. TxDOT’s rights to a portion of share in any Refinancing Gain are set forth in Part B D of Exhibit 7. Xxxxxxxxx agrees to pay TxDOT such amount share of Refinancing Gain as compensation to TxDOT in exchange for TxDOT’s grant to Developer of rights to impose and receive tolls pursuant to this Agreement and as rent for the use and operation of the Facility Project pursuant to the Lease. For federal income tax purposes, the Refinancing Gain payment to TxDOT is allocated as set forth in Part B of Exhibit 7.

Appears in 3 contracts

Samples: Comprehensive Development Agreement, Development Agreement, Development Agreement

Refinancing Gain. TxDOT’s rights to a portion of any Refinancing Gain are set forth in Part B D of Exhibit 7. Xxxxxxxxx agrees to pay TxDOT such amount as compensation to TxDOT in exchange for TxDOT’s grant to Developer of rights to impose and receive tolls pursuant to this Agreement and as rent for the use and operation of the Facility Project pursuant to the Lease. For federal income tax purposes, the Refinancing Gain payment to TxDOT is allocated as set forth in Part B C of Exhibit 7.

Appears in 2 contracts

Samples: Development Agreement, Comprehensive Development Agreement

Refinancing Gain. TxDOT’s rights to a portion of any Refinancing Gain are set forth in Part B of Exhibit 7. Xxxxxxxxx agrees to pay TxDOT such amount as compensation to TxDOT in exchange for TxDOT’s grant to Developer of rights to impose and receive tolls pursuant to this Agreement and as rent for the use and operation of the Facility pursuant to the Lease. For federal income tax purposes, the Refinancing Gain payment to TxDOT is allocated as set forth in Part B of Exhibit 7.

Appears in 2 contracts

Samples: Comprehensive Development Agreement, Comprehensive Development Agreement

Refinancing Gain. 5.3.1 TxDOT’s rights to a portion of any Refinancing Gain are set forth in Part B of Exhibit 7. Xxxxxxxxx agrees to pay TxDOT such amount as compensation to TxDOT in exchange for TxDOT’s grant to Developer of rights to impose and receive tolls pursuant to this Agreement and as rent for the use and operation of the Facility pursuant to the Lease. For federal income tax purposes, the Refinancing Gain payment to TxDOT of Refinancing Gain is allocated as set forth in Part B of Exhibit 7.

Appears in 1 contract

Samples: Facility Agreement

Refinancing Gain. TxDOT’s rights to a portion of share in any Refinancing Gain are set forth in Part B of Exhibit 7. Xxxxxxxxx agrees to pay TxDOT such amount share of Refinancing Gain as compensation to TxDOT in exchange for TxDOT’s grant to Developer of rights to impose and receive tolls pursuant to this Agreement and as rent for the use and operation of the Facility pursuant to the Lease. For federal income tax purposes, the Refinancing Gain payment to TxDOT is allocated as set forth in Part B of Exhibit 7.

Appears in 1 contract

Samples: Comprehensive Development Agreement

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Refinancing Gain. TxDOT’s rights to a portion of any Refinancing Gain are set forth in Part B D of Exhibit 7. Xxxxxxxxx Developer agrees to pay TxDOT such amount as compensation to TxDOT in exchange for TxDOT’s grant to Developer of rights to impose and receive tolls pursuant to this Agreement and as rent for the use and operation of the Facility Project pursuant to the Lease. For federal income tax purposes, the Refinancing Gain payment to TxDOT is allocated as set forth in Part B C of Exhibit 7.

Appears in 1 contract

Samples: Development Agreement

Refinancing Gain. TxDOT’s rights to a portion of any Refinancing Gain are set forth in Part B of Exhibit 7. Xxxxxxxxx Developer agrees to pay TxDOT such amount as compensation to TxDOT in exchange for TxDOT’s grant to Developer of rights to impose and receive tolls pursuant to this Agreement and as rent for the use and operation of the Facility pursuant to the Lease. For federal income tax purposes, the Refinancing Gain payment to TxDOT is allocated as set forth in Part B of Exhibit 7.

Appears in 1 contract

Samples: Comprehensive Development Agreement

Refinancing Gain. TxDOT’s rights to a portion of any Refinancing Gain are set forth in Part B D of Exhibit 7. Xxxxxxxxx agrees to pay TxDOT such amount as compensation to TxDOT in exchange for TxDOT’s grant to Developer of rights to impose and receive tolls pursuant to this Agreement and as rent for the use and operation of the Facility Project pursuant to the Lease. For federal income tax purposes, the Refinancing Gain payment to TxDOT is allocated as set forth in Part B D of Exhibit 7.

Appears in 1 contract

Samples: Development Agreement

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