Examples of Regulated Change in a sentence
In the case of agreement of the Regulated Change before the Commencement Date the Regulated Change shall be as listed in Paragraph 5 of Schedule 3.
The estimated Regulated Change costs shall be listed in Paragraph 5.4 of Schedule 3.
Network Rail shall be obliged to appeal against any decision in respect of Regulated Change if reasonably requested to do so by the Customer and at the cost of the Customer.
If in consequence of the Works and/or any Regulated Change, Network Rail incurs additional cost and expense in connection with the repair, maintenance, improvement, operation or alteration of the Railway which would not have been incurred but for the Works and/or the Regulated Change (" Additional Expense") then the provisions of this Clause 5 shall apply.
Where a Regulated Change, that Network Rail is undertaking, has not been agreed before the Commencement Date, then following agreement of that Regulated Change and prior to the Works Commencement Date the Parties shall meet and agree an estimate of costs up to the Completion Date for the Regulated Change.
If in consequence of the Works and/or any Regulated Change Network Rail incurs additional cost and expense in connection with the repair, maintenance, improvement, operation or alteration of the Railway which would not have been incurred but for the Works and/or the Regulated Change (" Additional Expense"), then the provisions of this Clause 5 shall apply.
Where a Regulated Change that Network Rail is undertaking, has not been agreed before the Commencement Date, then following agreement of that Regulated Change and prior to the Works Commencement Date the Parties shall meet and agree an estimate of costs up to the Completion Date for the Regulated Change.
In gaining approval for the Regulated Change, the relevant Party shall also agree the calculation of the Additional Expense (obtaining approvals where necessary) and shall, where applicable, recover any contribution to the Additional Expense from a third party.
Network Rail shall gain approval for the Regulated Change unless the Parties agree that the Customer will be responsible for obtaining the Regulated Change6.
The proposed development will also generate an approximate total GVA of £94.8m over the construction period and up to approximately £167.7m in direct GVA per annum, with approximately £2.1 million- £2.5 million per annum in business rates.