Common use of Toll Revenues Clause in Contracts

Toll Revenues. ‌ (i) From and after the Service Commencement Date and continuing during the Term, the Developer will have the exclusive right to establish, impose, charge, collect, use and enforce the collection and payment of the Toll Revenues, in accordance with the terms of this Agreement. The Developer will have no right to charge or collect the Toll Revenues, except as provided in this Agreement. Beginning on the Service Commencement Date and through the end of the Term, the Developer will have the exclusive right, title, entitlement and interest in and to the Toll Revenues, subject to the provisions of the Electronic Toll Collection Agreement substantially in the form attached as Exhibit K. (ii) The Developer acknowledges and agrees that it will not be entitled to receive from the Department any compensation, return on investment or other profit for providing the services contemplated by this Agreement and the other Project Agreements, other than the Public Funds Amount and other payments to the extent and in the manner specified in this Agreement. The foregoing will not affect the Developer’s entitlement to Toll Revenues as provided herein.

Appears in 6 contracts

Samples: Comprehensive Agreement, Comprehensive Agreement, Comprehensive Agreement

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Toll Revenues. (i) From and after the Service Commencement Date and continuing during the Term, the Developer will have the exclusive right to establish, impose, charge, collect, use and enforce the collection and payment of the Toll Revenues, in accordance with the terms of this Agreement. The Developer will have no right to charge or collect the Toll Revenues, except as provided in this Agreement. Beginning on the Service Commencement Date and through the end of the Term, the Developer will have the exclusive right, title, entitlement and interest in and to the Toll Revenues, subject to the provisions of the Electronic Toll Collection Agreement substantially in the form attached as Exhibit K. (ii) The Developer acknowledges and agrees that it will not be entitled to receive from the Department any compensation, return on investment or other profit for providing the services contemplated by this Agreement and the other Project Agreements, other than the Public Funds Amount and other payments to the extent and in the manner specified in this Agreement. The foregoing will not affect the Developer’s entitlement to Toll Revenues as provided herein.

Appears in 1 contract

Samples: Comprehensive Agreement

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