Network Rail payments. (A) The provisions in this paragraph regarding payments by Network Rail shall apply to Possessions notified by Network Rail to Nexus. (B) Subject to paragraphs 2.2, 2.3 and 2.4, Network Rail shall make payments to Nexus for Possessions taken on or in relation to the Route on the following basis: (i) for each Network Rail Possession which is outside the Possessions Allowance or is taken outside the Free Period, in accordance with paragraph 3; and (ii) for each Competent Authority Possession, in accordance with paragraph 5.
Appears in 5 contracts
Samples: Track Access Agreement (Passenger Services), Track Access Agreement, Track Access Agreement (Passenger Services)
Network Rail payments. (A) The provisions in this paragraph regarding payments by Network Rail shall apply to Possessions notified by Network Rail to Nexus.
(B) Subject to paragraphs 2.2, 2.3 and 2.4, Network Rail shall make payments to Nexus for Possessions taken on or in relation to the Route on the following basis:
(i) for each Network Rail Possession which is outside the Possessions Allowance or is taken outside the Free Period, in accordance with paragraph 3; and
(ii) for each Competent Authority Possession, in accordance with paragraph 5.
Appears in 1 contract
Samples: Track Access Agreement
