TxDOT RESERVED RIGHTS Sample Clauses

TxDOT RESERVED RIGHTS. In connection with this procurement, TxDOT reserves to itself all rights (which rights shall be exercisable by TxDOT in its sole discretion) available to it under the Code, the Rules and applicable law, including without limitation, with or without cause and with or without notice, the right to: • Develop the Project in any manner that it, in its sole discretion, deems necessary. If TxDOT is unable to negotiate a P3A to its satisfaction with a Proposer, it may negotiate with the next highest rated Proposer, terminate this procurement and pursue other development or solicitations relating to the Project or exercise such other rights under the Code and other provisions of Texas law as it deems appropriate. • Cancel this RFQ or the subsequent RFP, in whole or in part, at any time prior to the execution by TxDOT of a P3A, without incurring any cost obligations or liabilities (except for any payment for work product required in accordance with the RFP.) • Convert this procurement to a PTP procurement after shortlisting and prior to issuing the RFP, subject to adoption of the Amendments, without incurring any cost obligations or liabilities. • Issue a new request for qualifications after withdrawal of this RFQ or a subsequent RFP. • Not issue an RFP. • Reject any and all submittals, responses and QSs received at any time. • Modify all dates set or projected in this RFQ. • Terminate evaluations of responses received at any time. • Suspend and terminate P3A negotiations at any time, elect not to commence P3A negotiations with any responding Proposer and engage in negotiations with other than the highest ranked Proposer. • Issue addenda, supplements and modifications to this RFQ. • Appoint evaluation committees to review QSs, make recommendations to the Commission and seek the assistance of outside technical experts and consultants in QS evaluation. • Require confirmation of information furnished by a Proposer, require additional information from a Proposer concerning its QS and require additional evidence of qualifications to perform the work described in this RFQ. • Seek or obtain data from any source that has the potential to improve the understanding and evaluation of the responses to this RFQ. • Add or delete Proposer responsibilities from the information contained in this RFQ or any subsequent RFP. • Negotiate with a Proposer without being bound by any provision in its QS or Proposal. • Waive deficiencies in a QS, accept and review a non-conforming QS or perm...
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TxDOT RESERVED RIGHTS. If TxDOT declined to exercise the IH 610 Interchange Option (Initial Configuration Alternative 2), TxDOT reserves the right to complete the IH 610 Interchange Work, directly or through a third party, at any time during the Term. In such case, the IH 610 Interchange shall not be considered an Unplanned Revenue Impacting Facility, and neither such work (including the construction, completion, operation and maintenance of the IH 610 Interchange) nor the impact of such work or the IH 610 Interchange shall be considered a Compensation Event entitling Developer to relief, damages or other compensation, except as provided in clause (t) of the definition of Compensation Event.

Related to TxDOT RESERVED RIGHTS

  • Subsequent Rights Offerings In addition to any adjustments pursuant to Section 3(a) above, if at any time the Company grants, issues or sells any Common Stock Equivalents or rights to purchase stock, warrants, securities or other property pro rata to the record holders of any class of shares of Common Stock (the “Purchase Rights”), then the Holder will be entitled to acquire, upon the terms applicable to such Purchase Rights, the aggregate Purchase Rights which the Holder could have acquired if the Holder had held the number of shares of Common Stock acquirable upon complete exercise of this Warrant (without regard to any limitations on exercise hereof, including without limitation, the Beneficial Ownership Limitation) immediately before the date on which a record is taken for the grant, issuance or sale of such Purchase Rights, or, if no such record is taken, the date as of which the record holders of shares of Common Stock are to be determined for the grant, issue or sale of such Purchase Rights (provided, however, to the extent that the Holder’s right to participate in any such Purchase Right would result in the Holder exceeding the Beneficial Ownership Limitation, then the Holder shall not be entitled to participate in such Purchase Right to such extent (or beneficial ownership of such shares of Common Stock as a result of such Purchase Right to such extent) and such Purchase Right to such extent shall be held in abeyance for the Holder until such time, if ever, as its right thereto would not result in the Holder exceeding the Beneficial Ownership Limitation).

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