Common use of Nomination Notice Clause in Contracts

Nomination Notice. The Welsh Ministers may serve upon Network Rail and AKIL written notice between two (2) Business Days and fourteen (14) days before the date of any Termination Event prohibiting either Network Rail or AKIL from terminating this Agreement before the date of the Termination Event and nominating TfW or another party (the “Nominee”) to exercise a right of step in to this Agreement pursuant to clause 8.3.

Appears in 2 contracts

Sources: Rail Network Connection Agreement, Rail Network Connection Agreement