Negotiation of compensation with Competent Authority. Network Rail shall use all reasonable endeavours to negotiate with the relevant Competent Authority a level of compensation in respect of the Competent Authority Possession which is sufficient to ensure that Nexus receives compensation for all of its Relevant Costs. Network Rail shall from time to time consult with Nexus and keep Nexus informed in reasonable detail of the progress of such negotiations.
Appears in 6 contracts
Samples: Track Access Agreement, Agreement, Agreement