Common use of Payment for Delay Clause in Contracts

Payment for Delay. Where the Train Operator is required to make payment to Network Rail for Delay or a Cancellation under the provisions of this Schedule 8, Network Rail shall issue an invoice to the Train Operator within 90 days of the end of the Charging Period in which the Delay or Cancellation arose requesting that payment. The Train Operator shall make payment to Network Rail of the sum contained in that invoice within 28 days of the date of that invoice.