Common use of Fare Policy Clause in Contracts

Fare Policy. NICTD is authorized to set fare policy. NICTD as operator will collect and deposit farebox and any other revenues, including taxes, into the system revenue account (or similar account), except in the event IFA exercises Operations Step-In Rights under Section 11.9.1, in which case IFA shall have the authority to set fare policy and right to collect farebox and any other revenues during such Operations Step-In Period.

Appears in 5 contracts

Samples: Governance Agreement, Governance Agreement, Governance Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.