Examples of First ARCA in a sentence
The First ARCA categorizes the Southern HOT Lanes as an Alternative Facility that can be developed and constructed by the Concessionaire as a Concessionaire Project Enhancement.
The Original Credit Agreement has been amended and restated in the form of the First ARCA, the Second ARCA, the Third ARCA, the Fourth ARCA and the Fifth ARCA (such terms and other capitalized terms used in these preliminary statements being defined in Section 1.01 hereof).
The First ARCA defines “Southern HOT Lanes” as any toll lanes in the median of Interstate 95 general purpose lanes (in either or both directions) and not specifically part of the general purpose lanes.
On June 29, 2017, the parties entered into the Advanced Development Framework Agreement for the Fredericksburg Extension of the I-95 HOV/HOT Lanes, as amended, establishing a process for the Concessionaire to submit to the Department a proposal (the “Binding Proposal”) to develop the Fred Ex Project as a Concessionaire Project Enhancement under the First ARCA.
The 395 Early Work other than the 395 Scope Validation Work will continue after the 395 Scope Validation Work Completion Date and will terminate upon the first to occur of (x) the 395 Financial Close Date and (y) the Department providing written notice to the Concessionaire that it does not intend to execute the First ARCA.
On January 29, 2019, the Department and the Concessionaire signed the Development Framework Agreement (the DFA), establishing a process for the Concessionaire to submit to the Department a proposal (the Binding Proposal) to develop the Project as a Concessionaire Project Enhancement under the First ARCA.
On December 19, 2007, the Department and the Concessionaire (Capital Beltway Express, LLC) agreed to the Amended and Restated Comprehensive Agreement Relating to the Route 495 HOT Lanes in Virginia Project (the First ARCA) to deliver what was then called the Capital Beltway HOT Lanes (now called the 495 Express Lanes).
Any 395 Early Work performed and/or approved prior to the Amended and Restated Agreement Date shall, upon execution of the First ARCA, be deemed to have been performed by the Concessionaire and/or approved pursuant to, and subject to the terms and conditions of, this Agreement.
The Original Credit Agreement has been amended and restated in the form of the First ARCA and, through the Second Amendment and Restatement Agreement, the Second ARCA (such terms and other capitalized terms used in these preliminary statements being defined in Section 1.01 hereof).
Notwithstanding the amendment and restatement of the First ARCA (as amended) by this Agreement, the Obligations of the Original Credit Parties and the additional Guarantors outstanding under the First ARCA (as amended) as of the Effective Date shall remain outstanding and shall constitute continuing Obligations and shall continue as such under this Agreement and shall not be deemed to evidence or result in a novation or repayment and re-borrowing of such Obligations.