Common use of Reconciliation Payment Clause in Contracts

Reconciliation Payment. (a) Within 28 days after the end of the Interim Period, Network Rail shall calculate whether a reconciliation payment is due to or from the Train Operator. In order to calculate such reconciliation payment, Network Rail shall compare (i) the sums paid by the Train Operator during the interim period, with (ii) the sums which would have been payable if the amendments required by either paragraphs 3.3(a) or (b) above had taken effect on the date(s) stipulated in the Proposed Review Notice, and shall provide to the Train Operator:

Appears in 24 contracts

Samples: www.orr.gov.uk, www.orr.gov.uk, www.orr.gov.uk

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Reconciliation Payment. (a) Within 28 days after the end of the Interim Period, Network Rail shall calculate whether a reconciliation payment is due to or from the Train Operator. In order to calculate such reconciliation payment, Network Rail shall compare (i) the sums paid by the Train Operator during the interim periodInterim Period, with (ii) the sums which would have been payable if the amendments required by either paragraphs 3.3(a4.1(a) or (b) above had taken effect on the date(s) stipulated in the Proposed Review Notice, and shall provide to the Train Operator:

Appears in 15 contracts

Samples: www.orr.gov.uk, www.orr.gov.uk, www.orr.gov.uk

Reconciliation Payment. (a) Within 28 days after the end of the Interim Period, Network Rail shall calculate whether a reconciliation payment is due to or from the Train Operator. In order to calculate such a reconciliation payment, Network Rail shall compare (i) the sums paid by the Train Operator during the interim periodInterim Period, with (ii) the sums which would have been payable if the amendments required by either paragraphs 3.3(a4.1(a) or (b) above had taken effect on the date(s) stipulated in the Proposed Review Notice, and shall provide to the Train Operator:

Appears in 4 contracts

Samples: www.orr.gov.uk, www.orr.gov.uk, www.orr.gov.uk

Reconciliation Payment. (a) Within 28 days after the end of the Interim Period, Network Rail shall calculate whether a reconciliation payment is due to or from the Train Operator. In order to calculate such reconciliation payment, Network Rail shall compare (i) the sums paid by the Train Operator during the interim period, Interim Period with (ii) the sums which would have been payable if the amendments required by either paragraphs 3.3(a4.1(a) or (b) above had taken effect on the date(s) stipulated in the Proposed Review Notice, and shall provide to the Train Operator:

Appears in 3 contracts

Samples: Supplemental Agreement, Supplemental Agreement, www.orr.gov.uk

Reconciliation Payment. (a) Within 28 days after the end of the Interim Period, Network Rail shall calculate whether a reconciliation payment is due to or from the Train Operator. In order to calculate such reconciliation payment, Network Rail shall compare (i) the sums paid by the Train Operator during the interim period, with (ii) the sums which would have been payable if the amendments required by either paragraphs 3.3(a) or (b) above had taken effect on the date(s) stipulated in the Proposed Review Notice, and shall provide to the Train Operator:Operator:‌

Appears in 1 contract

Samples: www.orr.gov.uk

Reconciliation Payment. (a) Within 28 [28] days after the end of the Interim Period, Network Rail shall calculate whether a reconciliation payment is due to or from the Train Operator. In order to calculate such reconciliation payment, Network Rail shall compare (i) the sums paid by the Train Operator during the interim periodInterim Period, with (ii) the sums which would have been payable if the amendments required by either paragraphs 3.3(a4.1(a) or (b) above had taken effect on the date(s) stipulated in the Proposed Review Notice, and shall provide to the Train Operator:

Appears in 1 contract

Samples: www.orr.gov.uk

Reconciliation Payment. (a) Within 28 days after the end of the Interim Period, Network Rail shall calculate whether a reconciliation payment is due to or from the Train Operator. In order to calculate such reconciliation payment, Network Rail shall compare (i) the sums paid by the Train Operator during the interim period, Interim Period with (ii) the sums which would have been payable if the amendments required by either paragraphs 3.3(a) or (b) above had taken effect on the date(s) stipulated in the Proposed Review Notice, and shall provide to the Train Operator:

Appears in 1 contract

Samples: Supplemental Agreement

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Reconciliation Payment. (a) ! Within 28 days after the end of the Interim Period, Network Rail shall calculate whether a reconciliation payment is due to or from the Train Operator. In order to calculate such reconciliation payment, Network Rail shall compare (i) the sums paid by the Train Operator during the interim period, with (ii) the sums which would have been payable if the amendments required by either paragraphs 3.3(a) or (b) above had taken effect on the date(s) stipulated in the Proposed Review Notice, and shall provide to the Train Operator:

Appears in 1 contract

Samples: www.orr.gov.uk

Reconciliation Payment. (a) Within 28 [28] days after the end of the Interim Period, Network Rail shall calculate whether a reconciliation payment is due to or from the Train Operator. In order to calculate such reconciliation payment, Network Rail shall compare (i) the sums paid by the Train Operator during the interim period, with (ii) the sums which would have been payable if the amendments required by either paragraphs 3.3(a) or (b) above had taken effect on the date(s) stipulated in the Proposed Review Notice, and shall provide to the Train Operator:

Appears in 1 contract

Samples: www.orr.gov.uk

Reconciliation Payment. (ai) Within 28 [30] days after the end of the Interim Period, Network Rail shall calculate whether a reconciliation payment is due to or from the Train Operator. In order Operator by reference to calculate such reconciliation payment, Network Rail shall compare (i) the sums total amount paid by the Train Operator each party during the interim period, with (ii) Interim Period and the sums total amount which would should have been payable if paid in light of the implementation of the amendments required by either paragraphs 3.3(a) or to the Contract (b) above had taken effect on the date(s) stipulated in the Proposed Review Notice“Reconciliation Payment”), and shall provide to the Train Operator:

Appears in 1 contract

Samples: www.orr.gov.uk

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