Common use of RfL(I) Restrictions of Use Clause in Contracts

RfL(I) Restrictions of Use. (a) Within 10 Working Days after the end of each Period, RfL(I) shall provide to the Train Operator a statement ("Possessions Statement") showing: (i) all RfL(I) Restrictions of Use taken during that Period; and (ii) all Competent Authority Restrictions of Use taken during that Period, in sufficient detail to enable the Train Operator to make an informed assessment thereof. (b) Within 20 Working Days of the receipt of the Possessions Statement, the Train Operator shall notify RfL(I) of any compensation payable to the Train Operator by RfL(I) in respect of the RfL(I) Restrictions of Use identified in the Possessions Statement together with the details of the full amount of Direct Losses incurred by the Train Operator in respect of such Restrictions of Use. (c) The aggregate liabilities of RfL(I) and the Train Operator, in respect of any and all compensation for which either is liable to the other under this Schedule 4 in respect of each Period shall, to the extent that such compensation is not under dispute, be set off against each other and the balance (if any) shall be payable by RfL(I) or the Train Operator, as the case may be, within 20 Working Days after the receipt by RfL(I) of the Train Operator's notice in accordance with paragraph 8.1(b).

RfL(I) Restrictions of Use. (a) Within 10 Working Days after the end of each Period, RfL(I) shall provide to the Train Operator a statement ("Possessions Statement") showing: (i) all RfL(I) Restrictions of Use taken during that Period; and (ii) all Competent Authority Restrictions of Use taken during that Period, in sufficient detail to enable the Train Operator to make an informed assessment thereof. (ba) Within 20 Working Days of the receipt of the Possessions Statement, the Train Operator shall notify RfL(I) of any compensation payable to the Train Operator by RfL(I) in respect of the RfL(I) Restrictions of Use identified in the Possessions Statement together with the details of the full amount of Direct Losses incurred by the Train Operator in respect of such Restrictions of Use. (cb) The aggregate liabilities of RfL(I) and the Train Operator, in respect of any and all compensation for which either is liable to the other under this Schedule 4 in respect of each Period shall, to the extent that such compensation is not under dispute, be set off against each other and the balance (if any) shall be payable by RfL(I) or the Train Operator, as the case may be, within 20 Working Days after the receipt by RfL(I) of the Train Operator's notice in accordance with paragraph 8.1(b).