Common use of ADJUSTMENT CHARGES Clause in Contracts

ADJUSTMENT CHARGES. Adjustment Charges will be applied as approved by the QCA, from time to time, and as determined, in accordance with Aurizon Network’s Access Undertaking[, subject to also potentially being payable pursuant to clause 2.3(g)(iv) of this Agreement]. [Delete bracketed test if End User is paying all Access Charges] Insurance covering such liability as may arise at common law or by virtue of any relevant Workers Compensation legislation in respect of any End User’s Staff. To: Aurizon Network Pty Ltd (ACN 132 181 116) (Aurizon Network) At the request of [insert End User details] (ACN ### ### ###) (the End User) and in consideration of Aurizon Network accepting this undertaking in respect of the End User Access Agreement dated [insert date] for the grant of access rights for the operation of train services on the rail network provided by Aurizon Network (the Agreement) [insert details of bank (ABN)] (the Guarantor) unconditionally and irrevocably undertakes to pay to Aurizon Network on written demand any sum or sums which may from time to time be demanded by Aurizon Network under and in accordance with the Agreement (as amended from time to time) to a maximum aggregate sum of $[Security Amount]. Aurizon Network may not transfer, assign or novate its rights, benefits or obligations under this undertaking except to such persons, and to the extent that, Aurizon Network transfers, assigns or novates its rights, benefits or obligations under the Agreement to those people in accordance with the Agreement. The undertaking is to continue until: (a) notification has been received from Aurizon Network that the sum is no longer required by Aurizon Network; (b) this undertaking is returned to the Guarantor by Aurizon Network; or (c) payment by the Guarantor to Aurizon Network of the whole of the sum, whichever occurs first.

Appears in 2 contracts

Samples: End User Access Agreement, End User Access Agreement

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ADJUSTMENT CHARGES. Adjustment Charges will be applied as approved by the QCA, from time to time, and as determined, in accordance with Aurizon Network’s Access Undertaking[, subject to also potentially being payable pursuant to clause 2.3(g)(iv) of this Agreement]. [Delete bracketed test if End User is paying all Access Charges] Insurance covering such liability as may arise at common law or by virtue of any relevant Workers Compensation legislation in respect of any End User’s Staff. 8905908/28905908/2 page 67 To: Aurizon Network Pty Ltd (ACN 132 181 116) (Aurizon Network) At the request of [insert End User details] (ACN ### ### ###) (the End User) and in consideration of Aurizon Network accepting this undertaking in respect of the End User Access Agreement dated [insert date] this undertaking for the grant of access rights for the operation of train services on the rail network provided by Aurizon Network (the Agreement) [insert details of bank (ABN)] (the Guarantor) unconditionally and irrevocably undertakes to pay to Aurizon Network on written demand any sum or sums which may from time to time be demanded by Aurizon Network under and in accordance with the Agreement (as amended from time to time) to a maximum aggregate sum of $[Security Amount]. Aurizon Network may not transfer, assign or novate its rights, benefits or obligations under this undertaking except to such persons, and to the extent that, Aurizon Network transfers, assigns or novates its rights, benefits or obligations under the Agreement to those people in accordance with the Agreement. The undertaking is to continue until: (a) notification has been received from Aurizon Network that the sum is no longer required by Aurizon Network; (b) this undertaking is returned to the Guarantor by Aurizon Network; or (c) payment by the Guarantor to Aurizon Network of the whole of the sum, whichever occurs first.

Appears in 1 contract

Samples: End User Access Agreement

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ADJUSTMENT CHARGES. Adjustment Charges will be applied as approved by the QCA, from time to time, and as determined, in accordance with Aurizon Network’s Access Undertaking[, subject to also potentially being payable pursuant to clause 2.3(g)(iv) of this Agreement]. [Delete bracketed test if End User is paying all Access Charges] Insurance covering such liability as may arise at common law or by virtue of any relevant Workers Compensation legislation in respect of any End User’s Staff. To: Aurizon Network Pty Ltd (ACN 132 181 116) (Aurizon Network) At the request of [insert End User details] (ACN ### ### ###) (the End User) and in consideration of Aurizon Network accepting this undertaking in respect of the End User Access Agreement dated [insert date] this undertaking for the grant of access rights for the operation of train services on the rail network provided by Aurizon Network (the Agreement) [insert details of bank (ABN)] (the Guarantor) unconditionally and irrevocably undertakes to pay to Aurizon Network on written demand any sum or sums which may from time to time be demanded by Aurizon Network under and in accordance with the Agreement (as amended from time to time) to a maximum aggregate sum of $[Security Amount]. Aurizon Network may not transfer, assign or novate its rights, benefits or obligations under this undertaking except to such persons, and to the extent that, Aurizon Network transfers, assigns or novates its rights, benefits or obligations under the Agreement to those people in accordance with the Agreement. The undertaking is to continue until: (a) notification has been received from Aurizon Network that the sum is no longer required by Aurizon Network; (b) this undertaking is returned to the Guarantor by Aurizon Network; or (c) payment by the Guarantor to Aurizon Network of the whole of the sum, whichever occurs first.

Appears in 1 contract

Samples: End User Access Agreement

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