Competent Authority Restrictions of Use. (a) Where all Relevant Costs have been finally determined under paragraph 7 in respect of a Competent Authority Restriction of Use for which compensation has been received by RfL(I), RfL(I) shall: (i) forward to the Train Operator a calculation of such sums as are due to the Train Operator in respect of that Restriction of Use; and (ii) pay to the Train Operator any compensation due in accordance with paragraph 7 in respect of that Restriction of Use: (A) plus any interest accrued and calculated in accordance with paragraph 4.2 of Part 4 of Schedule 7; and (B) less any interim payments already made in respect of that Restriction of Use under paragraph 8.2(c), within 20 Working Days after receipt of such compensation or 20 Working Days after final determination of all Relevant Costs, whichever is the later. (b) Where RfL(I) has received compensation in respect of a Competent Authority Restriction of Use for which the Relevant Costs have not been fully determined within 20 Working Days of receipt of the compensation, RfL(I) shall within 20 Working Days of receipt of the compensation forward to the Train Operator a statement of: (i) all Relevant Costs which have been fully determined; (ii) all Relevant Costs of which RfL(I) is aware and which have not been fully determined; (iii) interim payments already made under paragraph 8.2(c) in respect of that Competent Authority Restriction of Use; and (iv) its proposals for making an interim payment in respect of that compensation. (c) Within 20 Working Days after serving the statement under paragraph 8.2(b), RfL(I) shall make an interim payment to the Train Operator in accordance with its proposals.
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Samples: Track Access Contract, Track Access Contract, Track Access Contract
Competent Authority Restrictions of Use.
(a) Where all Relevant Costs have been finally determined under paragraph 7 in respect of a Competent Authority Restriction of Use for which compensation has been received by RfL(I)HS1 Ltd, RfL(I) HS1 Ltd shall:
(i) forward to the Train Operator a calculation of such sums as are due to the Train Operator in respect of that Restriction of Use; and
(ii) pay to the Train Operator any compensation due in accordance with paragraph 7 in respect of that Restriction of Use:
(A) plus any interest accrued and calculated in accordance with paragraph 4.2 3.2 of Part 4 of Schedule Section 7; and
(B) less any interim payments already made in respect of that Restriction of Use under paragraph 8.2(c), within 20 Working Days after receipt of such compensation or 20 Working Days after final determination of all Relevant Costs, whichever is the later.
(b) Where RfL(I) HS1 Ltd has received compensation in respect of a Competent Authority Restriction of Use for which the Relevant Costs have not been fully determined within 20 Working Days of receipt of the compensation, RfL(I) HS1 Ltd shall within 20 Working Days of receipt of the compensation forward to the Train Operator a statement of:of:
(i) all Relevant Costs which have been fully determined;
(ii) all Relevant Costs of which RfL(I) HS1 Ltd is aware and which have not been fully determined;
(iii) interim payments already made under paragraph 8.2(c) in respect of that Competent Authority Restriction of Use; and
(iv) its proposals for making an interim payment in respect of that compensation.
(c) Within 20 Working Days after serving the statement under paragraph 8.2(b), RfL(I) HS1 Ltd shall make an interim payment to the Train Operator in accordance with its proposals.proposals.
Appears in 1 contract
Samples: Track Access Agreement
Competent Authority Restrictions of Use. (a) Where all Relevant Costs have been finally determined under paragraph 7 in respect of a Competent Authority Restriction of Use for which compensation has been received by RfL(I), RfL(I) shall:
(i) forward to the Train Operator a calculation of such sums as are due to the Train Operator in respect of that Restriction of Use; and
(ii) pay to the Train Operator any compensation due in accordance with paragraph 7 in respect of that Restriction of Use:
(A) plus any interest accrued and calculated in accordance with paragraph 4.2 of Part 4 of Schedule 7; and
(B) less any interim payments already made in respect of that Restriction of Use under paragraph 8.2(c(c), within 20 Working Days after receipt of such compensation or 20 Working Days after final determination of all Relevant Costs, whichever is the later.
(b) Where RfL(I) has received compensation in respect of a Competent Authority Restriction of Use for which the Relevant Costs have not been fully determined within 20 Working Days of receipt of the compensation, RfL(I) shall within 20 Working Days of receipt of the compensation forward to the Train Operator a statement of:
(i) all Relevant Costs which have been fully determined;
(ii) all Relevant Costs of which RfL(I) is aware and which have not been fully determined;
(iii) interim payments already made under paragraph 8.2(c(c) in respect of that Competent Authority Restriction of Use; and
(iv) its proposals for making an interim payment in respect of that compensation.
(c) Within 20 Working Days after serving the statement under paragraph 8.2(b1.1(b)(b)1.1(b), RfL(I) shall make an interim payment to the Train Operator in accordance with its proposals.
Appears in 1 contract
Samples: Track Access Contract