Common use of Most Favoured Nation Status Clause in Contracts

Most Favoured Nation Status. (a) The Access Holder may (acting reasonably) notify Queensland Rail that it believes that: (i) Queensland Rail has entered into an access agreement with another Network Participant for a Train service that transports the same commodity in the same geographic area as a Train Service (Like Train Service); and (ii) the access charges applicable to the Like Train Service have been developed in contravention of the price differentiation provisions under the relevant Access Undertaking’s pricing principles that applied to the development of those access charges (Price Differentiation Provisions), and provide Queensland Rail with reasons why the Access Holder considers this to be the case. (b) Within 20 Business Days after receiving such a notice, Queensland Rail must notify the Access Holder: (i) whether it agrees that the access agreement with the other Network Participant is for a Like Train Service including, if it does not agree, its reasons; and (ii) where it does agree with the matter in clause 27.20

Most Favoured Nation Status. (a) The Access Holder may (acting reasonably) notify Queensland Rail that it believes that: (i) Queensland Rail has entered into an access agreement with another Network Participant for a Train service that transports whose characteristics are alike and are provided to service the same commodity in the same geographic area end market as a Train Service is provided (Like Train Service); and (ii) the access charges applicable to the Like Train Service have been developed in contravention of the price differentiation provisions under the relevant Access Undertaking’s pricing principles that applied to the development of those access charges (Price Differentiation Provisions), and provide Queensland Rail with reasons why the Access Holder ▇▇▇▇▇▇ considers this to be the case. (b) Within 20 Business Days after receiving such a notice, Queensland Rail must notify the Access Holder: (i) whether it agrees that the access agreement with the other Network Participant is for a Like Train Service including, if it does not agree, its reasons; and (ii) where it does agree with the matter in clause 27.2026.20(b)(i)27.20