Top-Off Payment definition
Top-Off Payment means a payment made by CDOT to HPTE for goods provided or services rendered to CDOT by HPTE pursuant to Sections III.3 and IV.1 of the IAA.
Examples of Top-Off Payment in a sentence
In the event CDOT has elected to retain in excess of 19 acres of the ▇▇▇▇▇▇▇ Yard Property pursuant to Section III.3.c. of the IAA, on or before CDOT makes a determination of the required Top-Off Payment contemplated therein, the Lender may request an appraisal, broker opinion, or any other reasonably acceptable measure with respect to assessing the value of the Remnant Property taking into account the proposed CDOT election.