Retrospective effect. If the possessions regime is not agreed by the parties or determined by the relevant review date:- (A) the then current possessions regime will continue to apply and the parties shall retrospectively apply the revised possessions regime following its agreement or determination so as to calculate the amount which would have been payable under the possessions regime in respect of the period from the relevant review date to the date on which the possessions regime is so agreed or determined; and (B) an adjusting payment shall be made within 28 days of such agreement or determination by the relevant party to the other in respect of such amount.
Appears in 6 contracts
Samples: Track Access Agreement (Passenger Services), Track Access Agreement, Track Access Agreement (Passenger Services)
