Common use of TxDOT Option Rights Clause in Contracts

TxDOT Option Rights. 2.1.1 This Comprehensive Maintenance Agreement gives TxDOT the right to exercise, in its sole and absolute discretion, up to three consecutive option periods described in Section 4, requiring Maintenance Contractor to provide Maintenance Services for the Project in accordance with the terms and conditions of the COMA Documents.

TxDOT Option Rights. 2.1.1 This Comprehensive After the Initial Maintenance Term, this Capital Maintenance Agreement gives TxDOT the right to exercise, in its sole and absolute discretion, up to three two consecutive option periods described in Section 4, requiring Maintenance Contractor to provide Maintenance Services for the Project in accordance with the terms and conditions of the COMA CMA Documents.

TxDOT Option Rights. 2.1.1 This After the Initial Maintenance Term, this Comprehensive Maintenance Agreement gives TxDOT the right to exercise, in its sole and absolute discretion, up to three two consecutive option periods described in Section 4, requiring Maintenance Contractor to provide Maintenance Services for the Project in accordance with the terms and conditions of the COMA Documents.