Common use of Notification Factors Clause in Contracts

Notification Factors. The Notification Factor in respect of a Network Rail Possession shall be equal to: (a) 60%, if details of the Possession are notified to Nexus more than forty-six Weeks before the relevant Passenger Change Date; (b) 65%, if (i) details of the Possession are notified to Nexus forty-six weeks or less before the relevant Passenger Change Date but more than twenty-two weeks before the day on which the Network Rail Possession is taken; and (ii) timetable effects of the Possession are entered in to the train service database more than 12 weeks before the day on which the Network Rail Possession is taken; provided that this sub-paragraph 3.2(b)(ii) shall not apply unless Nexus shall have given Network Rail a revised bid in accordance with Track Access Condition D4.8.3 4th; (c) 80%, if (i) details of the Network Rail Possession are notified to Nexus twenty-two weeks or less before the day on which the Network Rail Possession is taken but before 22.00 hours on the day before the day on which the Network Rail Possession is taken; or (ii) sub-paragraph 3.2(b) would have been applicable but for a failure by Network Rail to fulfil the terms of sub-paragraph 3.2(b)(ii) notwithstanding Nexus having given a revised bid in accordance with Track Access Condition D4.

Appears in 6 contracts

Samples: Track Access Agreement (Passenger Services), Track Access Agreement, Track Access Agreement (Passenger Services)

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