MULTI-MODAL FARES ScHEMES Sample Clauses

MULTI-MODAL FARES ScHEMES. 2.1 The Franchisee shall: (a) subject to paragraph 2.2, participate in and comply with its obligations under: (i) the multi-modal fares schemes set out in paragraph 2 of Appendix 1 (List of Transport, Travel and Other Schemes) to this Schedule 2.5; and (ii) any other multi-modal fares scheme which the Franchisee is required to participate in during the Franchise Term pursuant to paragraph 2.1(b); including by co-operating in the implementation of any smart card technology pursuant to any such multi modal fares schemes; and (b) subject to paragraph 2.3, if so requested by the Secretary of State, participate in and comply with its prospective obligations under: (i) any multi-modal fares scheme set out in paragraph 2 of Appendix 1 (List of Transport, Travel and Other Schemes) to this Schedule 2.5, the terms of which have been amended since the date of signature of this Agreement; and (ii) such other multi-modal fares schemes as any relevant Local Authority may require or request it to participate in. 2.2 Subject to the terms of the relevant multi-modal fares scheme, the Franchisee shall be entitled to cease to participate in any scheme referred to in paragraph 2.1(a) where, in the reasonable opinion of the Secretary of State: (a) the Franchisee's continuing participation in such scheme; and/or (b) the obligations assumed by the relevant Local Authority in connection therewith, would fail, by way of distribution of income or otherwise, to render the Franchisee financially no worse off. 2.3 The Secretary of State shall not require the Franchisee to participate in any scheme referred to in paragraph 2.1(b) where the Secretary of State is reasonably satisfied that the Franchisee's participation in any such scheme and/or the obligations to be assumed by the relevant Local Authority in connection therewith, would fail, by way of distribution of income or otherwise, to render the Franchisee financially no worse off. 2.4 In determining whether the Franchisee shall, pursuant to paragraph 2.2, continue to participate or, pursuant to paragraph 2.3, participate in any multi-modal fares scheme, the Secretary of State shall construe the term “financially no worse off” to mean:
Sample 1
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MULTI-MODAL FARES ScHEMES. 2.1 Each of the following schemes: (a) Strathclyde PTE Multi-Modal Scheme; (b) West Midlands PTE Centrocard Scheme; (c) West Midlands PTE RailMaster Scheme; (d) any other multi-modal fares travel scheme which the Franchisee is required to participate in during the Franchise Term pursuant to paragraph 2.7.
Sample 1
MULTI-MODAL FARES ScHEMES. 3.1 SRT shall, subject to paragraphs 3.3 and 3.9, participate in and comply with its obligations under: (a) the multi-modal fares schemes set out in paragraph 3 of the Appendix to this Schedule
Sample 1

Related to MULTI-MODAL FARES ScHEMES

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