ETC System definition
Examples of ETC System in a sentence
Participant will provide VDOT the opportunity to participate in the installation of upgrades or other modifications to the Participant’s ETC System, as requested by VDOT.
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Specifically, the Participant will be responsible for the maintenance, repair and operation of all necessary lane and computer equipment for its ETC System through and including its host computer.
Either party will notify the other in writing at least 90 days in advance of any changes or modification to such party’s ETC System equipment that may affect the other’s ETC System equipment or operations in any material respect.
No amendment of, or supplement or waiver to, this Indenture shall adversely affect the rights of any holder of Designated Senior Indebtedness under Article XI (or any definitions of terms used therein), without the consent of such holder or, in accordance with the terms of such Designated Senior Indebtedness, the consent of the Representative of such holder or the requisite holders of such Designated Senior Indebtedness.
The Participant will send the detailed data to VDOT with comparisons of transactions to include the transaction sequence number(s) and the acknowledgement verification by the ETC System.
If VDOT gives the Participant a written notice stating that its ETC System is not operating in accordance with approved operating procedures, and specifying the reasons, the Participant will promptly initiate appropriate corrective action.
The Participant will use commercially reasonable efforts to maintain its ETC System to perform in accordance with the VDOT Standard Operating Procedures.
In the case of upgrades or modifications to Participant’s ETC System, VDOT may require additional tests to be undertaken at the Participant’s expense in order to confirm the accuracy and reliability in all aspects of processing relating to ETC transactions.
To cater to the above requirement, IHMCL intends to empanel Service Provider(s) to undertake the supply, installation, integration, testing, commissioning and configuration of all required hardware & software systems & sub-systems for ETC System and Toll Management System at the toll plazas in a time bound manner.