Common use of Inter-Operator Schemes Clause in Contracts

Inter-Operator Schemes. 5.1 The Franchisee shall participate in and comply with its obligations under the terms of each of the Inter-Operator Schemes. 5.2 Without limiting paragraphs 5.1 and 5.3, the Franchisee agrees to be bound by Parts IV and V of Chapter 4 of the Ticketing and Settlement Agreement and shall not amend, or agree or propose to amend, the Ticketing and Settlement Agreement without the prior written consent of the Secretary of State. 5.3 The Franchisee shall not amend, or agree or propose to amend, any Inter- Operator Scheme other than in accordance with its terms. 5.4 The Franchisee shall: (a) provide reasonable notice to the Secretary of State of any proposal to amend any Inter-Operator Scheme which it intends to make or of which it receives notification and which, in its opinion, is reasonably likely materially to affect the provision of the Franchise Services; and (b) have regard to the Secretary of State's views in respect of any such proposal. 5.5 If an amendment is effected or proposed to be effected to an Inter-Operator Scheme which requires the consent or approval of the Secretary of State in accordance with the terms thereof, such amendment shall be treated as a Change to the extent and only to the extent that the Franchisee makes a saving as a consequence of such amendment or proposed amendment. 1. List of Priced Options Part 1 to Schedule 3 Priced Options 1.1 Part 2 (List of Priced Options) of this Schedule 3 contains a list of the Priced Options agreed as at the date of the Franchise Agreement, and the terms upon which the Secretary of State may exercise each such Priced Option.

Inter-Operator Schemes. 5.1 The Franchisee shall participate in and comply with its obligations under the terms of each of the Inter-Operator Schemes. 5.2 Without limiting paragraphs 5.1 and 5.3, the Franchisee agrees to be bound by Parts IV and V of Chapter 4 of the Ticketing and Settlement Agreement and shall not amend, or agree or propose to amend, the Ticketing and Settlement Agreement without the prior written consent of the Secretary of State. 5.3 The Franchisee shall not amend, or agree or propose to amend, any Inter- Inter-Operator Scheme other than in accordance with its terms. 5.4 The Franchisee shall: (a) provide reasonable notice to the Secretary of State of any proposal to amend any Inter-Operator Scheme which it intends to make or of which it receives notification and which, in its opinion, is reasonably likely materially to affect the provision of the Franchise Services; and (b) have regard to the Secretary of State's views in respect of any such proposal. 5.5 If an amendment is effected or proposed to be effected to an Inter-Operator Scheme which requires the consent or approval of the Secretary of State in accordance with the terms thereof, such amendment shall be treated as a Change to the extent and only to the extent that the Franchisee makes a saving as a consequence of such amendment or proposed amendment. 1. Part 1 Priced Options Part 2 List of Priced Options Part 1 to Schedule 3 Priced Options 1.1 Part 2 (List of Priced Options) of this Schedule 3 contains a list Price in respect of the Priced Options agreed as at the date of the Franchise Agreement, and the terms upon which the Secretary of State may exercise each such Priced Option.Options