Common use of Amendment of the ARR, Revenue Cap and TIC if a Review Event occurs Clause in Contracts

Amendment of the ARR, Revenue Cap and TIC if a Review Event occurs. (a) If a Review Event occurs, and where described in section 12.5(o) of the Access Undertaking, after consultation with the User, DBCT Management will promptly submit to the QCA for approval: (i) in the case of a Review Event referred to in paragraphs (a) or (b) of the definition of Review Event, a request to amend; or (ii) in the case of a Review Event referred to in paragraphs (c), (d) or (e) of the definition of Review Event or Section 12.5(o) of the Access Undertaking, a draft amending access undertaking to make any necessary amendments to any one or more of the ARR, the Revenue Cap and the TIC to the extent required because of the Review Event. (b) Any amendment which is approved by the QCA pursuant to clause 6(a) above will be effective from the first day of the Month following the Month in which the Review Event occurs, except for those Review Events of the kind described at paragraph (e) of the Review Event definition, which will be effective from the relevant 1 July. (c) For clarification, if a review under clause 5(b) above occurs simultaneously with a review under clause 6(a) they will be reviewed together and become effective on the relevant 1 July.

Appears in 5 contracts

Samples: User Agreement, User Agreement, User Agreement

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Amendment of the ARR, Revenue Cap and TIC if a Review Event occurs. (a) If a Review Event occurs, and where described in section 12.5(o) of the Access Undertaking, after consultation with the User, DBCT Management will promptly submit to the QCA for approval:approval:‌ (i) in the case of a Review Event referred to in paragraphs (a), (b) or (bf) of the definition of Review Event, a request to amend; or (ii) in the case of a Review Event referred to in paragraphs (c), (d) (e) or (eef) of the definition of Review Event or Section 12.5(o) of the Access Undertaking, a draft amending access undertaking to make any necessary amendments to any one or more of the ARR, the Revenue Cap and the TIC to the extent required because of the Review Event.to (b) Any amendment which is approved by the QCA pursuant to clause section 6(a) (a) above will be effective from the first day of the Month following the Month in which the Review Event occurs, except for those Review Events of the kind described at paragraph (eef) of the Review Event definition, which will be effective from the relevant 1 July. (c) For clarification, if a review under clause section 5(b) above occurs simultaneously with a review under clause section 6(a) they will be reviewed together and become effective on the relevant 1 July.

Appears in 2 contracts

Samples: User Agreement, User Agreement

Amendment of the ARR, Revenue Cap and TIC if a Review Event occurs. (a) If a Review Event occurs, and where described in section 12.5(o) of the Access Undertaking, after consultation with the User, DBCT Management will promptly submit to the QCA for approval: (i) in the case of a Review Event referred to in paragraphs (a), (b) or (bfc) of the definition of Review Event, a request to amend; or (iiiii) in the case of a Review Event referred to in paragraphs (cd), (de) or (ef) of the definition of Review Event or Section 12.5(o) of the Access Undertaking, a draft amending access undertaking to make any necessary amendments to any one or more of the ARR, the Revenue Cap and the TIC to the extent required because of the Review Event. (b) Any amendment which is approved by the QCA pursuant to clause section 6(a) above will be effective from the first day of the Month following the Month in which the Review Event occurs, except for those Review Events of the kind described at paragraph (efe) of the Review Event definition, which will be effective from the relevant 1 July. (cd) For clarification, if a review under clause section 5(b) above occurs simultaneously with a review under clause section 6(a) they will be reviewed together and become effective on the relevant 1 July.

Appears in 1 contract

Samples: User Agreement

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Amendment of the ARR, Revenue Cap and TIC if a Review Event occurs. (a) If a Review Event occurs, and where described in section 12.5(o) of the Access Undertaking, after consultation with the User, DBCT Management will promptly submit to the QCA for approval: (i) in the case of a Review Event referred to in paragraphs (a), (b) or (bf) of the definition of Review Event, a request to amend; or (ii) in the case of a Review Event referred to in paragraphs (c), (d) (e) or (eef) of the definition of Review Event or Section 12.5(o) of the Access Undertaking, a draft amending access undertaking to make any necessary amendments to any one or more of the ARR, the Revenue Cap and the TIC to the extent required because of the Review Event. (b) Any amendment which is approved by the QCA pursuant to clause section 6(a) above will be effective from the first day of the Month following the Month in which the Review Event occurs, except for those Review Events of the kind described at paragraph (eef) of the Review Event definition, which will be effective from the relevant 1 July. (c) For clarification, if a review under clause section 5(b) above occurs simultaneously with a review under clause section 6(a) they will be reviewed together and become effective on the relevant 1 July.

Appears in 1 contract

Samples: User Agreement

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