Examples of First ARCA in a sentence
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.
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).
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 Project is being developed as a Concessionaire Project Enhancement under the Amended and Restated Comprehensive Agreement Relating to the I-95/395 HOV/HOT Lanes Project (the “First ARCA”).95 Express Lanes LLC (the “Concessionaire”) will be responsible for the design, construction and ongoing operations and maintenance of the Project in accordance with the terms of a pending amendment to the First ARCA fully-integrated 95 Express Lanes facility between the Potomac and Rappahannock Rivers.
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).
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 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 FredEx Project as a Concessionaire Project Enhancement under the First ARCA.
NOW, THEREFORE, BE IT RESOLVED that the CTB hereby designates the I-95 Express Lanes Fredericksburg Extension as HOT lanes in accordance with Va. Code § 33.2-502, to be implemented upon issuance of a “Service Commencement Notice to Proceed” pursuant to the First ARCA, as amended and restated.
The Original Credit Agreement has been amended and restated in the form of the First ARCA, the Second ARCA and, through the Third Amendment and Restatement Agreement, the Third ARCA (such terms and other capitalized terms used in these preliminary statements being defined in Section 1.01 hereof).