Common use of Material discrepancy Clause in Contracts

Material discrepancy. If any such check or inspection carried out by Nexus in accordance with Clauses 6.5.4 and 6.5.5 reveals a material discrepancy in information previously supplied to Nexus by the Train Operator: (a) the Train Operator shall pay the reasonable costs incurred by Nexus in carrying out the checks and inspections in accordance with Clauses 6.5.4 and 6.5.5; and (b) Nexus shall: (i) make the appropriate and consequent adjustments to the Track Charges; and

Appears in 3 contracts

Sources: Access Contract (Freight Services), Access Contract (Freight Services), Access Contract (Freight Services)