Common use of Replacement Access Agreement Clause in Contracts

Replacement Access Agreement. If Queensland Rail or the Access Holder identify an opportunity for Queensland Rail to enter into an Access Agreement with an existing or prospective Access Holder that would result in a lessening of the Relinquishment Fee that would otherwise be payable to Queensland Rail under clause 21.2, Queensland Rail will not unreasonably delay the process for negotiating and executing an Access Agreement with that existing or prospective Access Holder.

Replacement Access Agreement. ‌ If Queensland Rail or the Access Holder identify an opportunity for Queensland Rail to enter into an Access Agreement access agreement with an existing or prospective Access Holder access holder that would result in a lessening of the Relinquishment Fee that would otherwise be payable to Queensland Rail under clause 21.2, Queensland Rail will not unreasonably delay the process for negotiating and executing an Access Agreement with that existing or prospective Access Holderaccess holder.