Common use of TxDOT Monetary Obligations Clause in Contracts

TxDOT Monetary Obligations. All TxDOT monetary obligations under the CMA Documents (or in the event the Capital Maintenance Agreement is assigned to the Corporation, all monetary obligations of the Corporation under the CMA Documents other than those payable from revenue bond proceeds) are subject to appropriation by the Texas Legislature. This Section 1.10 applies to all monetary obligations of TxDOT and the Corporation, as applicable, set forth in the CMA Documents, notwithstanding any contrary provisions of the CMA Documents. The CMA Documents do not create a debt under the Texas Constitution.

TxDOT Monetary Obligations. All TxDOT monetary obligations under the CMA Documents (or in the event the Capital Maintenance Agreement is assigned to the Corporation, all monetary obligations of the Corporation under the CMA Contract Documents other than those payable from revenue bond proceeds) are subject to appropriation by the Texas Legislature. This Section 1.10 applies to all monetary obligations of TxDOT and the Corporation, as applicable, set forth in the CMA Documents, notwithstanding any contrary provisions of the CMA Documents. The CMA Documents do not create a debt under the Texas Constitution.