Material Change Consultee s Costs” means the reasonable and direct costs, losses and expenses including but not limited to all costs reasonably incurred by the Material Change Consultee in evaluating and responding to the Material Change Proposal (whether or not the Material Change Proposal is implemented) and any loss of profit or loss of revenue (but not consequential costs, losses or expenses save for loss of profit or loss of revenue), and any net increase in Qualifying Expenditure incurred by the Material Change Consultee to the extent that the same are directly attributable to the implementation of the Material Change Proposal but taking into account and netting off against such costs, losses and expenses:
Material Change Consultee s Costs” means any dispute or question as to the reasonable and direct costs, losses and expenses including but not limited to all
Examples of Material Change Consultee in a sentence
In addition we note that, on transport matters, the Welsh Government has similar powers to DfT and so ought to be referenced alongside it as a Material Change Consultee in the definitions, rather than appearing as equivalent to PTEs or TfL.
Where the Material Change Consultee is a franchisee, the parties anticipate that the Co-operation Agreements (and the indemnities contained therein) will be transferred to a successor operator in the event of a franchise expiring or terminating during the Material Change Proposal implementation period.