Retrospective effect. If an amendment to this Schedule 4 giving effect to the relevant terms has not been executed by the parties by the Amendment Date: (a) the parties shall retrospectively apply the relevant terms following the execution of such amendment so as to calculate the amount which would have been payable under the relevant terms in respect of the period from the Amendment Date to the date on which the amendment is executed; and (b) an adjusting payment shall be made promptly 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)
