Common use of Notification of Nexus’ Relevant Costs Clause in Contracts

Notification of Nexus’ Relevant Costs. (a) Within 28 days of the end of each Period in which a Competent Authority Possession is taken, Nexus shall supply to Network Rail: (i) details of its Relevant Costs; and (ii) reasonable details of any of its Relevant Costs which are not fully determined. (b) Save to the extent that Nexus supplies details of its Relevant Costs under sub- paragraph 4.3(a), such costs shall not be regarded as Relevant Costs. (c) Within 10 days of determination of any Relevant Costs which are supplied under sub-paragraph 4.3(a)(ii) as not fully determined, Nexus shall serve a supplemental notice on Network Rail, including final details of such Relevant Costs.

Appears in 6 contracts

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

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