Flagfall Charges Sample Clauses

Flagfall Charges. (a) Subject to 4.1(b), the Operator will pay all flagfall Charges specified in Schedule 3 in respect of each Train Path in accordance with clause 4.3(b) (as amended, if applicable, in accordance with clause 4.4), irrespective of whether or not the Operator uses all or any such Train Paths. (b) The Operator is not required to pay the flagfall Charges specified in Schedule 3 where ARTC is not able to provide the Train Path or an agreed substitute Train Path except where the failure to provide the Train Path is a result of an Incident, Third Party Works or an emergency.
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Flagfall Charges. The Operator must pay all flagfall Charges specified in Schedule 3 in respect of each Train Path irrespective of whether or not the Operator uses all or any such Train Paths in accordance with clause 4.5(b) (as amended, if applicable, in accordance with clause 4.6).

Related to Flagfall Charges

  • Overdue Charges If any invoiced amount is not received by Us by the due date, then without limiting Our rights or remedies, (a) those charges may accrue late interest at the rate of 1.5% of the outstanding balance per month, or the maximum rate permitted by law, whichever is lower, and/or (b) We may condition future subscription renewals and Order Forms on payment terms shorter than those specified in Section 6.2 (Invoicing and Payment).

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