Tolling Method Change definition

Tolling Method Change means (a) the approval or directive of TxDOT to operate the Toll Lanes in Dynamic Mode pursuant to Section 7(a) of Exhibit 10 or (b) the approval or directive of TxDOT to use Image-Based Billing pursuant to Section 10(a) of Exhibit 10 or Section 14.5.7(a).
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Tolling Method Change means (a) TxDOT’s grant to Developer of permission to operate the Toll Lanes in Dynamic Mode pursuant to Section 7(a) of Exhibit 10 or (b) TxDOT’s grant to Developer of permission to use Image-Based Billing pursuant to Section 10(a) of Exhibit 10.
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Examples of Tolling Method Change in a sentence

  • The second forecast shall be supported by a traffic and revenue study and analysis showing the projected effects of the Tolling Method Change relative to the first forecast.

  • For the avoidance of doubt, an overlapping of “bands” could occur (i.e., because the impacts actually realized from the first Tolling Method Change were less than forecasted), but Developer continues to be obligated to pay the amount calculated for each Tolling Method Change.

  • The two forecasts shall use the same formulas, data, economic indicators, inputs, and assumptions, except that the first forecast shall assume that the Tolling Method Change is not implemented (the “first forecast”) and that the second forecast shall assume that the Tolling Method Change is implemented (the “second forecast”).

  • The forecasts made for the second Tolling Method Change will take into account then-prevailing conditions, which would reflect the impacts actually realized from the first Tolling Method Change (whether those impacts are greater than or less than the impacts previously forecasted for the first Tolling Method Change).

  • For clarity, the intent of the foregoing calculation is to provide payment to TxDOT equal to 80% of the nominal aggregate forecasted Annual Tolling Method Gains, but not to exceed in any year the difference between actual Net Project Cash Flows following the Tolling Method Change and forecasted Net Project Cash Flows without the Annual Tolling Method Gain for that year.

  • The independent firm shall prepare two forecasts of annual Net Project Cash Flows for the period from the date of implementation of the Tolling Method Change through the end of the Term.

  • Also, this additional and incidental demand is not derived from end product demand, nor from service, and therefore is not captured in data on future sales.

  • Any request by Developer to implement a Tolling Method Change shall be considered by TxDOT in accordance with the applicable provisions of Exhibit 10.

  • Developer shall include with such request Developer’s calculation of the anticipated Tolling Method Gain and any back-up documentation for its calculation, including at a minimum a true and complete copy of a preliminary traffic and revenue study and analysis showing the projected effects (including data on past Toll Revenues and projected future Toll Revenues with and without the potential Tolling Method Change) and a reasonably detailed statement quantifying such effects.

  • Another potential application of natural language perception-based control is in Ergonomics.Ergonomics studies the human-machine interaction and tries to find a more user friendly interface for man machine communication.

Related to Tolling Method Change

  • Default Settlement Method means Combination Settlement with a Specified Dollar Amount of $1,000 per $1,000 principal amount of Notes; provided, however, that the Company may, from time to time, change the Default Settlement Method by sending notice of the new Default Settlement Method to the Holders, the Trustee and the Conversion Agent.

  • Settlement Method means, with respect to any conversion of Notes, Physical Settlement, Cash Settlement or Combination Settlement, as elected (or deemed to have been elected) by the Company.

  • Benchmark Replacement Conforming Changes means, with respect to any Benchmark Replacement, any technical, administrative or operational changes (including changes to the definition of “Base Rate,” the definition of “Business Day,” the definition of “Interest Period,” timing and frequency of determining rates and making payments of interest, timing of borrowing requests or prepayment, conversion or continuation notices, the applicability and length of lookback periods, the applicability of breakage provisions, and other technical, administrative or operational matters) that the Administrative Agent decides may be appropriate to reflect the adoption and implementation of such Benchmark Replacement and to permit the administration thereof by the Administrative Agent in a manner substantially consistent with market practice (or, if the Administrative Agent decides that adoption of any portion of such market practice is not administratively feasible or if the Administrative Agent determines that no market practice for the administration of such Benchmark Replacement exists, in such other manner of administration as the Administrative Agent decides is reasonably necessary in connection with the administration of this Agreement and the other Loan Documents).

  • Payment Method means a payment method that Stripe accepts as part of the Stripe Payments Services (e.g., a Visa credit card, Klarna).

  • Yearly (1/Year) sampling frequency means the sampling shall be done in the month of September, unless specifically identified otherwise in the effluent limitations and monitoring requirements table.

  • Change of Scope Notice shall have the meaning set forth in Clause 13.2 (i); “Change of Scope Request” shall have the meaning set forth in Clause 13.2 (ii); “Change of Scope Order” shall have the meaning set forth in Clause 13.2 (iv); “Completion Certificate” shall have the meaning set forth in Clause 12.2; “Construction” shall have the meaning set forth in Clause 1.2 (f);

  • Automatic Route Selection or “ARS” means a service feature associated with a specific grouping of lines that provides for automatic selection of the least expensive or most appropriate transmission facility for each call based on criteria programmed into the system.