Common use of Traffic sampling Clause in Contracts

Traffic sampling. 20.6.1 For determining the actual traffic on the Project, the Authority shall be entitled to inspect the relevant records of the Concessionaire, and may, at its own cost, undertake traffic sampling in accordance with Good Industry Practice and at such frequency as it may deem appropriate, but in no case for less than a continuous period of 7 (seven) days. The Concessionaire shall provide such assistance as the Authority may reasonably require for such traffic sampling. 20.6.2 If the traffic sampling pursuant to this Clause 20.6 demonstrates that the actual traffic is more than the traffic reported by the Concessionaire, the traffic determined by the traffic sampling shall be deemed to be the traffic for purposes of this Agreement and in the event of any Dispute relating to the traffic sampling, the Dispute Resolution Procedure shall apply.

Appears in 4 contracts

Samples: Concession Agreement, Concession Agreement, Concession Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!