Common use of Negotiation of compensation with Competent Authority Clause in Contracts

Negotiation of compensation with Competent Authority. RfL(I) shall use all reasonable endeavours to negotiate with the relevant Competent Authority a level of compensation in respect of the Competent Authority Restriction of Use which is sufficient to ensure that the Train Operator receives compensation for all of its Relevant Costs. RfL(I) shall from time to time consult with the Train Operator and keep the Train Operator informed in reasonable detail of the progress of such negotiations.

Appears in 7 contracts

Samples: Track Access Contract, Track Access Contract, Track Access Contract

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