Examples of Maintenance agreement in a sentence
Alternatively, TxDOT, in its sole discretion, may deduct the amount of such costs and expenses from any sums owed by TxDOT to Maintenance Contractor pursuant to this Comprehensive Maintenance Agreement.
If no agreement is reached as to any such matter within 30 days after Maintenance Contractor delivers its notice, either Party may refer the Dispute to the disputes resolution procedures applicable to this Comprehensive Maintenance Agreement.
In determining the reasonable cost, deductions will be made for the cost of materials, supplies and equipment to be retained, at TxDOT’s sole option, by Maintenance Contractor, amounts realized by the sale of such items, and for other appropriate credits against the cost of the Maintenance Services, including those deductions that would be permitted in connection with Final Payment under this Comprehensive Maintenance Agreement.
Maintenance Contractor shall timely pay the premiums for all policies of insurance required under this Comprehensive Maintenance Agreement.
Upon determination of the amount of the termination payment, this Comprehensive Maintenance Agreement shall be amended to reflect the agreed termination payment, Maintenance Contractor shall be paid the agreed amount, and the Maintenance Price shall be reduced to reflect the reduced scope of Maintenance Services.