TXDOT COMPENSATION; FINANCIAL MODEL UPDATES; PAYMENT OF PUBLIC FUNDS Sample Clauses

TXDOT COMPENSATION; FINANCIAL MODEL UPDATES; PAYMENT OF PUBLIC FUNDS. 5.1 Revenue Payments TxDOT’s rights to payment related to Toll Revenues for the Facility are set forth in Part A of Exhibit 7. Xxxxxxxxx agrees to pay TxDOT such amounts as compensation to TxDOT in exchange for TxDOT’s grant to Developer of rights to impose and receive tolls pursuant to this Agreement and as rent for the use and operation of the Facility pursuant to the Lease. For federal income tax purposes, the Revenue Payment Amount is allocated as set forth in Part A of Exhibit 7.
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TXDOT COMPENSATION; FINANCIAL MODEL UPDATES; PAYMENT OF PUBLIC FUNDS. 5.1 Revenue Payments TxDOT’s rights to payment related to Toll Revenues for the Facility are set forth in Part A of Exhibit 7. Xxxxxxxxx agrees to pay TxDOT such amounts as compensation to TxDOT in exchange for TxDOT’s grant to Developer of rights to impose and receive tolls pursuant to this Agreement and as rent for the use and operation of the Facility pursuant to the Lease.
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