Common use of Maintenance Term Clause in Contracts

Maintenance Term. The term of this Capital Maintenance Agreement includes a five-year initial optional term that TxDOT may extend by up to two additional five-year optional terms, in each case to be implemented at TxDOT’s discretion. The maximum term of this Capital Maintenance Agreement, including all extensions thereof, is 15 years.

Maintenance Term. The term of this Capital Maintenance Agreement includes a five-year initial optional term that TxDOT may extend by up to two additional additional, five-year optional terms, in each case to be implemented terms at TxDOT’s its sole discretion. The maximum term of this Capital Maintenance Agreement, including all extensions thereof, is 15 years.