Common use of Consequences of failure to comply with Performance Levels Clause in Contracts

Consequences of failure to comply with Performance Levels. (a) If an Operator nominated by the Access Holder under this Agreement does not comply with the Performance Levels imposed on it under a Train Operations Deed, then, subject to clause 5.4, the Access Holder must pay to Aurizon Network the amount (if any) determined in accordance with the relevant Train Operations Deed as a result of that failure, as part of the invoice issued by Aurizon Network for Access Charges and other charges for the Billing Period immediately following Aurizon Network becoming entitled to that amount provided that, if there is no next Billing Period, the Access Holder must pay such amount to Aurizon Network within 10 Business Days after receipt of an invoice from Aurizon Network.

Appears in 11 contracts

Samples: www.qca.org.au, qcaprod.australiaeast.cloudapp.azure.com, www.qca.org.au

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